🆕 #SNX

Synthetix Founder Kain Warwick: Previously, projects had to pay market makers between $50,000 and $300,000 monthly to attract large investors and get listed on exchanges. Now, projects sell tokens to liquidity funds at a discount before listing, negotiate market making arrangements, and transfer large volumes of tokens to market makers who pump the price in a low-liquidity market and then dump the tokens

#crypto #blockchain