Many people are currently only paying attention to CZ's return, but have not noticed the announcement released by Binance on the 25th. This announcement seems ordinary, and I didn't pay much attention to it at first, but after reading it carefully, I found that it was actually a big gift prepared for ordinary retail investors to celebrate the return of the helmsman.
Binance launched a pre-market trading service, which allows users to obtain tokens exclusively before spot listing. In other words, this means that the coins mined in the launchpool can be freely traded in advance, which avoids the project party, market makers, and even insiders (rat warehouses) from manipulating prices at the opening to harvest. After all, everyone obtains tokens through fair mining (there are upper limits on personal transactions and positions), which prevents the price from being artificially high at the opening, while the chips held by individuals cannot be operated, and can only be manipulated by the project party and market makers.
The current practice is that if the project party wants to make a quick buck and run away, and wants to live a luxurious life, can you try it? If you dare to sell at a high price, everyone will sell together.
Even if it is a good project, if too many chips are accumulated in the early stage, human nature will make people lazy and will not really invest in the long-term development of the project.
