Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV.
Altcoins, Exit Liquidity, Dogwifhat, Pepe, Cryptocurrencies, Cryptocurrency Exchange, Binance, Tokens, Memecoin, RetailRead More
You might also be interested in reading Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round.