Let's talk about the new coins on Binance in the past three months
I can tell you responsibly that 80% of these new coins are created by a bunch of people in the Chinese circle. Binance itself is a Chinese circle. These new coins basically all release favorable news similar to pledge lock-up after they are launched, raising the price of the coin, and then swinging a big sickle. In fact, the project points themselves don't want to be cut. Most of them are cut by investment institutions. Project points must be locked. Only institutions have chips that are not locked. In addition, Binance will never come out to cut leeks. There is no need at all.
I advise everyone not to touch new coins. You don't know how low the private placement price is. Don't think it has bottomed out when you see a 70% or 80% drop in the secondary market. The bottom you think is only 10 times that of institutions. Take good care of your own capital.
The last piece of advice, never touch the contract
