aev#Recently, AEVO /USDT 📈, a decentralized crypto perpetual and options exchange, witnessed a dramatic surge in trading volume, skyrocketing from $100 million to over $4.5 billion before swiftly plummeting.
This abrupt boom-bust cycle has sparked allegations of wash trading, a manipulative tactic wherein a trader simultaneously acts as both buyer and seller to fabricate trading activity. Julian Koh, the founder of Aevo, proposed that the spike could be linked to "airdrop farming," a strategy where users inflate volumes to maximize token rewards in an airdrop. What are your insights on this unfolding scenario? Share your thoughts in the comments below!#aveo #BTC