Founder of DeFiance Capital: The collusion between projects and market makers to manipulate prices is the biggest problem currently troubling the crypto market

ChainCatcher news, Arthur, the founder and chief investment officer of DeFiance Capital, stated on the X platform that the biggest problem currently plaguing the liquidity cryptocurrency market is how projects and market makers collaborate to create artificially sustained prices, a process that is completely opaque. You cannot determine whether the prices are driven by real supply and demand or simply manipulated by collusion between projects and market makers to achieve other goals.

It is astonishing that centralized exchanges (CEX) are completely ignoring this, while the altcoin market is increasingly becoming a confidence-lacking "lemon market." Not to mention that the pricing of most token generation events (TGE) this year has been a joke, with tokens dropping 70% to 90% within months of listing, causing significant losses for anyone who bought in. If major players in the industry do not step up to improve this situation, then for the foreseeable future, most of the market will remain unattractive to investors.