困扰液体加密市场的最大问题是项目和做市商如何共同努力的完整黑框

Defance Capital的创始人Arthur Cheong在X帖子中指出，加密货币市场存在一个严重的问题。

The founder of DeFIance Capital says there is a "huge problem" in the crypto market.

Defiance Capital的创始人说，加密货币市场存在一个“巨大问题”。

According to Arthur Cheong, project teams and market makers often work together secretly to manipulate token prices.

根据Arthur Cheong的说法，项目团队和做市商经常秘密合作以操纵令牌价格。

"The biggest problem now is the complete blackbox of how projects and market makers can work together to create an artificial price that can sustain for a very long period," he said. "You don't know whether the price is a result of organic demand & supply, or if it's a product of collusion and manipulation."

他说：“现在最大的问题是项目和做市商如何共同创造可以长期维持的人造价格的完整黑框。” “您不知道价格是有机需求和供应的结果，还是它是勾结和操纵的产物。”

Price manipulation is a serious problem. If the price of a token is manipulated, it will be difficult to accurately analyze which exactly is influencing the market.

价格操纵是一个严重的问题。如果操纵令牌的价格，将很难准确分析哪些确切影响市场。

To make a sensible market decision, a trader or investor should possess a clear idea about the factors affecting that market.

为了做出明智的市场决定，交易者或投资者应该对影响该市场的因素有一个清晰的想法。

"It's no secret that market makers can heavily influence token behavior, and in an attempt to control the narrative, they'll often spin a tale of "organic demand' to deceive those observing the price action," Arthur added.

Arthur补充说：“做市商可以严重影响令牌行为，并且为了控制叙事，这已不是什么秘密了，他们经常会为“有机需求”的故事旋转，以欺骗那些观察价格行动的人。

According to him, this isn't the first time that this issue has been highlighted.

据他说，这不是第一次强调这个问题。

"It's been discussed in the past, but no one seems to be addressing it. This is allowing many low-quality assets to enter the altcoin market, and it's affecting the overall health of the ecosystem."

“过去已经讨论过，但是似乎没有人解决它。这允许许多低质量的资产进入山寨币市场，并且会影响生态系统的整体健康状况。”

CEXs are showing no interest to address this market manipulation issue.

CEXS对解决这个市场操纵问题没有兴趣。

"It's interesting to note that the total market cap of cryptos other than the top ten has dropped by no fewer than 38.33% since the start of this year. During the period, the altcoin market cap has declined from $1.34T to $961.7B," noted Arthur.

“有趣的是，自今年年初以来，前十名以外的加密货币的总市值下降了不少于38.33％。在此期间，Altcoin市值从1.34吨下降到961.7B美元，” Arthur指出。

In the last one year, as per data in coinraking, at least 12,799 new crypto tokens have been listed. In the last 30 days, at least 778 cryptos have entered the market. Today alone, at least nine new cryptocurrencies have been listed, including MAGABY, ModalAI, MeshChain AI and NILAM Resources – Mind Wave.

在过去的一年中，根据共同努力的数据，至少列出了12,799个新的加密代币。在过去的30天中，至少有778个加密货币进入了市场。仅今天，至少已经列出了至少九种新的加密货币，其中包括Magaby，Modalai，Meshchain AI和Nilam Resources - Mind Wave。

One of the most sensational token releases of the year happened in late January, when the Official Trump token was launched with an opening price of $6.54. Within hours after the launch, the price of the token skyrocketed to a peak of $72.62. Currently, the Official Trump price stands at $8.05. In the last 30 days, the market has slipped by 33%. In the last 24 hours alone, the market has declined by over 3.9%.

一年中最具轰动的令牌发行版之一发生在1月下旬，当时官方的特朗普令牌的开放价格为6.54美元。在发布后的几个小时内，代币的价格飙升至高峰72.62美元。目前，特朗普官方的价格为8.05美元。在过去的30天中，市场下跌了33％。仅在过去的24小时内，市场就下降了3.9％。