1. Binance's opening trading volume was $25 million in 8 minutes. New coins almost never have such low trading volume, indicating that there is no chip dumping (lauchpool chips are only 3%)
2. The market value is seriously overestimated, but it opened high and is now going down
3. The contract is not announced after the launch. It is not transparent and the real circulation cannot be found. It is a garbage project. If the contract address is not announced, the exchange is definitely an accomplice of evil
Who has the chips? They are all issued by market makers. Do major exchanges not care whether users take over at high prices in order to attract new users?
