Jocy, founder of IOSG, has raised concerns about the speculative trends in the cryptocurrency industry, particularly in the context of the recent popularity of platforms like Binance. He highlighted the strong influence of exchanges in an unregulated market, where project failures are often disconnected from exchange accountability. Jocy warned that without self-regulation, platforms could exacerbate market volatility. The article also mentions platforms like Hyperliquid and Aster, which incentivize users to engage in high-leverage trading through subsidies, potentially encouraging excessive speculation. Jocy urged leading platforms to focus on long-term value and advised investors to be mindful of risks, avoiding the blind pursuit of short-term gains.