Look at how Ouyi is bringing in new coins, and then look at Binance. The new coins listed on Binance currently have no wealth effect at all; they just crash right away to cash out. Aside from that little dog coin, which new coin has a total market value of less than one billion dollars when listed? They come out just to dump, not even pretending, treating us like leeks to be harvested. If this continues, Binance will eventually be doomed. Don't be fooled by the 20 times increase in new coins on Binance today; that's just nonsense. The opening price doesn't even reach the lowest point, and usually, the only price you can buy at is the closing price; don’t be deceived.
Look at the second image, Ouyi genuinely pulled up more than ten times; it’s clear who has a stronger or weaker wealth effect.