LIVEThe BIG QUESTION -- Do these Crypto have any worth at all?
Something that dumps from 71k - 65k in 1 day -- How can you calculate its worth? It can again go down to $40k? How Not?
Solana dumped from $210 to $149.99? What is it actual worth? Can we find out? Or they worth ZERO at all times and only manipulation is what brings the price up or down?
Do they have any REAL VAlue to their coin which can identify its lowest bottom at the time? I don't think so!
The reason I say this is because, it is upto the Exchange then to manipulate the prices as per their wish but the market value of the crypto coin! I found this disturbing and very very concerning for the future of crypto -- since they don't seem to hold any real asset value other than what is defined by the exchanges--- By the way, most exchanges have different prices for the same coin --- again very disturbing fact!
For Example -- Binance manipulated TAO price to $1200 and another famous exchange TAO never crossed $780 ...
The price difference of almost $500 for the same coin , at 2 different exchanges.... You can verify easily! I see that Binance manipulate prices more often than others!
What are your thoughts and input?