Although I also applaud Binance for checking GPS, to be honest, whether it's Shell or GPS, I myself am indifferent This is not because I have no empathy for chives (indeed not much), but because I don't think it's the responsibility of these two families Shell and GPS have unprecedentedly adopted the form of on chain low price startup, full on chain price discovery, and on chain Binance. The original intention of BN is to achieve two objectives: 1. Build new leading assets on BSC and accumulate sufficient stakeholder funds (benchmarking against Sol's Ray and Jup) 2. Prevent the expectation of selling within the exchange due to low liquidity and high market value The original intention above is good, is the execution below incorrect? not necessarily These two companies have given BSC ample opportunities to get on board, and they have been actively involved in brushing on chain trading volume with real gold and silver, continuously generating positive news, and working hard on daily activities (especially GPS, which is scanned every day by Menghui Rising Antivirus 2004). I'm afraid if you don't believe what they're up to, there's a high possibility of them going to BN Can you say that their worship of Buddha is insincere? But for Binance exchanges, this has led to two outcomes: 1. Pre destroyed the high control structure of the chips 2. The intention is too clear, and the only major short-term benefit is the listing. The user has established a clear expectation of 'immediate cash out' in advance 3. However, individual investors ultimately do not care about FDV, only about their entry points and floating profits and losses. If you make too much profit, you must sell 4. Consumed market making funds in advance before listing on the exchange I am the best example myself. On the day of Shell TGE, I had already previewed the entire Playbook, and when the contract was concentrated, I reminded the banker that they urgently needed cash to replenish their health. I immediately sold and ran away on Binance, and posted it on Twitter I don't consider myself a second level expert, but being able to predict so easily, the outcome after GPS and Shell go live is obvious I don't think GPS's "unilateral market makers" are necessarily doing evil, but more likely they were forced to react after discovering a huge amount of unilateral selling after listing, otherwise the large amount of protective funds used in the early stage to go online would have been wiped out Essentially, I believe that on chain launches are no different from the previous large-scale airdrops and the logic of offering a large amount of "profit sharing" Binance. It's just that the clearing and redemption time of this "airdrop" has been postponed until the moment of coin listing. Even worse for the exchange, at least in terms of K-lines Although I despise Kaito, the project team, it seems that his approach is the correct solution: -Attention to a large number of low-priced freelancing (the biggest factor affecting liquidity before TGE) -Thunderous airdrops with small raindrops (the spread caused by airdrops to KOLs is much smaller than the actual distribution) -Pre induced selling (such as Nansen Alex and my predictable Fud) and short listing construction -Forced air explosion Not only did it receive high praise for second grade chives, but it also earned money. This is a girl who truly knows how to play For Binance, the idea is good. However, the fundamental purpose of BSC and BN exchanges is conflicting, as only one of the two can be guaranteed. If it is a pure chain superscript, Shell can align Koma and Vinu up to 30M. But if it goes up, then the difference in FDV is the intensity of pouring after going up. Protecting big or small? For VC coins, it's actually a bull market now, Perp bull market. Contract liquidity has truly been incorporated into the global spot strategy. Low circulation, low market value, high control, high public opinion PUA, and counter expectations are the winning technologies of this round