The Shocking Truth About Crypto: Manipulation and Market Collusion Revealed!

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Ah, the sweet, intoxicating world of crypto—a place where the markets are so mysterious that even Sherlock Holmes would abandon his magnifying glass in defeat. Arthur Cheong, the founder of DeFiance Capital (the crypto equivalent of a trusted confidant in the realm of digital currency), bravely ventured into the battlefield of truth. According to Cheong, the real menace stalking the digital asset markets is not the occasional rogue whale or the creepy “spoon-in-hand” investor, but price manipulation itself. Oh, and don’t forget the cozy little secret society that’s formed between market makers and exchanges. It’s almost as if they have a “We’re In This Together” handshake. They’re busy working together to distort token prices with the precision of a Swiss watchmaker, except the timepiece they’re crafting might just be a ticking bomb for unsuspecting investors.

Cheong shared his revelation on the popular social media platform X, exposing the darkest corners of the crypto universe. He mused,

“You don’t know whether the price is a result of organic demand & supply or simply due to projects and market makers colluding to fix the price to achieve other objectives.”

Indeed, Arthur. And in the land of the blind, the one-eyed exchange is king. He went on to say, in a voice of frustration no less, that unless the players of this chaotic game do something, the crypto market will be, as they say, “uninvestable.” Not today, not tomorrow, but for a good long stretch of the future.

Centralized Exchanges Turning a “Blind Eye”

Cheong then went on to express his utter disbelief at the apparent ignorance of centralized exchanges (CEXs). Imagine, if you will, a blind man walking through a room filled with Legos—because that’s essentially how these exchanges are treating this market manipulation issue. He referred to the altcoin market as a “lemon’s market”—and not the kind where you get lemonade stands, no! This term, my dear reader, refers to a market where the rotten goods outshine the good ones. Truly a dystopian economy.

And if that wasn’t enough to make your eyes roll back into your head, Cheong had a fresh, steaming pile of crypto wisdom to share: the pricing of token generation events in 2025? “An absolute joke.” Prices plunging by 70%-90% just months after listing. The unfortunate buyers? Well, they’re in deep… deep regret. To say they’re “down massively” is an understatement. They’re practically in the Mariana Trench of regret.

88% of Crypto Tokens Listed on Binance in 2025 Declined After Listing

But wait, there’s more! Data compiled by crypto analyst Miles Deutscher—who I imagine is sitting in a dark room surrounded by charts and caffeine—showed that among crypto tokens listed this year on Binance, a whopping 88% of them have seen their prices fall faster than a bungee jumper without a cord. Out of 27 tokens listed, only a measly 3 are performing well. I guess the other 24 are too busy falling off a cliff to worry about performance.

The price drops ranged from 19% to a spectacular 90%. No wonder retail investors are running for the hills. But let’s not be too hasty in blaming the poor, unsuspecting investors. After all, the whole circus act wouldn’t be nearly as entertaining if the clowns didn’t get a good tumble.

And of course, the brave souls in the crypto community are paying attention, responding with what can only be described as a collective sigh of disillusionment. One community member pointed out, in the most tragicomic of tones, that this is the sorry state the industry is in. Their hope? That Binance would come to the realization that starting at a high valuation is about as useful as a chocolate teapot. Alas, we dream.

Even Binance’s co-founder, Changpeng Zhao, admitted that the listing process was a bit like trying to play chess blindfolded. He mentioned that it needs reform. Back on February 10, Zhao—who surely sat back with a strong coffee after his revelation—suggested that centralized exchanges (CEXs) should automate their listings. Because, you know, robots are never swayed by human emotions. Unlike, say, the market manipulators…

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2025-04-15 15:19