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yamada.base.eth

@yamada

The Real Verdict Comes at TGE. The overall conditions in the cryptocurrency market remain unfavorable.
At the same time, trading volume in futures markets does not appear to have declined significantly. After asking AI about this several times, I was told that technically inflating reported trading volume is not particularly difficult.
 Of course, this is purely my own speculation, and I have no evidence pointing to any specific misconduct. Still, it appears to be technically possible. It is also important to note that even if abnormal trading patterns can be detected, identifying who is actually behind them—whether or not they are related to the project team—is extremely difficult. This applies broadly to crypto projects in general, but it is probably wise not to blindly trust what project teams claim from the outset. In my view, the one indicator that ultimately cannot be manipulated is the token price after the TGE (Token Generation Event).
That said, this too comes with conditions: * If a large-scale airdrop is conducted:
→ Token ownership becomes widely distributed, significantly reducing the project’s ability to control the price. * If the number of holders remains small even after an airdrop:
→ Manipulating market capitalization and price becomes relatively easy. Taking this into account, I believe that the intense competition among futures exchange–related projects currently underway will ultimately be decided around the time of their TGE.
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