The current market hot narrative is not sustainable; last month it was perp stable, and this month it has turned into a prediction market~

CZ's logic on listing coins has both merits and issues, depending on the perspective taken. If we look from CZ's own standpoint, there is no problem at all; listing all coins ultimately allows the market to make the choices. However, from the industry's perspective, there are problems. The incremental user base in the industry is limited, and it cannot support a huge market capitalization. Every time a new coin is listed, it will tie up some liquidity, which gradually leads to the current situation of insufficient liquidity.

The secondary market is simply not viable for taking over; everyone is only suitable for participating in the primary market or earning without any cost~

Since that wave in 2020, there has been no progress in the industry, and I will not accept any rebuttals. After DeFi, it has become PVP, only for short-term speculation~

If the industry wants to progress, it must start from within, establish necessary regulatory mechanisms, and provide a certain living space for the retail investors, instead of the current unrestrained manipulation and harvesting.

Chinese memes are gaining momentum, and if a spot meme is launched, it will completely ignite ~