#altcoins
💀 Binance exchange killed the altseason...

➠ FUD around Binance continues on Twitter - cryptans believe that the alt-season will not begin while Binance controls the market.

➠ People massively withdraw money from BInance - almost $4,000,000,000 per week (according to CoinGlass).

➠ Almost everyone who bought altcoins on Binance is in the red. The exchange has been inflating capitalizations for years so that BNB holders could drain airdrops and receive profitability, pretending that the token is growing «naturally».

➠ The scheme is simple: Binance flips through the token → creates hype and liquidity → raises the price → retail enters at the peak → market makers fix profits → BNB grows, and altcoins fall to zero.

➠ The exchange controls the price, listing and volumes - retail investors are supposedly just fuel for their token.

➠ As a result, the industry looks like a total SCAM, and any new projects get less trust and liquidity.

@Сryptoz ₿