A recent analysis by @0xBenniee highlights the strategic maneuvers in the new token market, where market makers play a pivotal role. The process involves initial accumulation during Alpha launches, followed by price manipulation through perpetual contracts, orchestrated by market makers. Retail investors often find themselves reacting to these pre-set moves. The key to market influence lies not in narratives but in the depth of capital and the timing of trades. This structured game allows project teams and market makers to profit by controlling token supply, increasing open interest, and exploiting funding rates.
Market Makers Drive New Token Market Dynamics, Retail Investors Follow
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