A crypto executive executive executive said the biggest problem with digital asset markets is price manipulation, claiming that collision between market makers and exchange has distorted token prices.
Arthur Cheong, founder of Crypto Investment Firm Defiance Capital, Says In an X post that market makers and crypto projects work together to create artificial prices that can be maintained for a long time. Cheong wrote:
“You never know the price is a result of organic demand and supply or simply because of the projects and market manufacturers who are fighting to adjust the price to achieve other goals.”
He added that if industry players do not climb and improve the situation, a large portion of the crypto market will remain “inevitable for the predictable future.”
Centralized exchanges become a “blind eye”
Cheong said it is strange that centralized exchanges (CEX) “become a completely blind eye” on the issue. He described the Altcoin Market as a “Lemon’s Market,” an economic term that describes a market where low-quality products drive goodness due to asymmetry of information.
In addition, Cheong described most of the pricing of the token of the token generation in 2025 as a “full joke” in which prices dropped by 70% to 90% by a few months after the list. “Anyone who buys has dropped a lot,” Cheong added.
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88% of Crypto tokens listed in Binance in 2025 declined after listing
Data compiled by Crypto analyst Miles Deutscher shown With the crypto tokens listed this year on the Bince platform platform, only 3 out of 27 perform well. This means that 88% of tokens have refused since listed.
The price drops from 19% to 90%. Deutscher said this is why investors stop retail.
Only 3 out of 27 tokens listed in Binance in 2025 were in green. Source: Miles Deutscher
A member of the community Reply In data stating that this is where the industry is currently in. The X user added that they expect Binance to realize that starting with a high appreciation is not good for users.
Binance co-founder Changpeng Zhao had previously admitted Binance The list process requires reform. On February 10, the former CEO of Binance said the current system was error and suggested that CEXs should automatically lists similar to how decentralized exchanges (DEX) work.
https://www.youtube.com/watch?v=6ulabdvqwre
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