Binance, is turning to low-capital projects to increase liquidity due to fears of manipulation in the market.
In recent days, it has started to be mentioned with many theories. Binance expands its liquidity raising activities. Binance is focusing on low-liquidity projects in the stock market with the goal of increasing trading. Investigating the effects of these projects on the market and whether they contribute to other assets, Binance seems to increase the theoretical rumors even more.
Comment on the subject came from a Binance spokesperson
Wanting to increase liquidity due to manipulation concerns in the industry, Binance put low-capital projects on its radar. Calling this move an initiative of ongoing risk management, the stock market has not yet disclosed any clear information about the developments. A Binance spokesperson stated that this activity is part of risk management.
The Binance spokesperson evaluated the move towards low capitals projects as follows:
“This move involves a small number of crypto companies with lower liquidity pairs or tokens that are disproportionately listed on exchanges. “
Binance, which has recently been mentioned with various manipulative issues, has been a subject of curiosity about what impact it will have on low-capital projects. Crypto investors, on the other hand, seem to follow Binance’s move closely.
