Wu Blockchain (@WuBlockchain): Synthetix founder Kain Warwick: During the ICO era, projects had to pay $50k to $300k per month to collaborate with mm to attract large investors and…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- SNX-40Negative
Synthetix founder Kain Warwick: During the ICO era, projects had to pay $50k to $300k per month to collaborate with mm to attract large investors and get listed on exchanges. Nowadays, mm strategies have evolved further—projects sell tokens at a discount to liquidity funds before the TGE and agree on market bidding, while handing over large amounts of tokens to exit-strategy market makers, who pump the price in a low-liquidity market before dumping them. x.com/kaiynne/status…