The reason for the fluctuation of BN's new market every time it is launched.
1. The big investors who seek stable fixed income will absorb 2 billion US dollars from U pledge, and the funds that may be used to participate in BTC/ETH in the market will be greatly reduced, and liquidity will become worse.
2. Hot money that likes short-term transactions will withdraw from the previous "old new coins" to wait for the next new coin to be copied, causing a general decline and a series of stampedes. Even if the money coming out is large, it may not participate in the speculation of the next new coin.
3. The new coin has been in a continuous decline for a month, and many people are afraid and withdraw from risk aversion.
