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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Investor sentiment in the altcoin market is divided as concerns grow over the quality and transparency of newly listed tokens. DeFiance Capital founder Arthur Cheong warns of a ‘lemon’s market,’ citing undisclosed collaborations and price manipulation. The recent OM token crash highlights deepening fears of insider trading and failed projects.
- DeFiance Capital founder warns of a 'lemon’s market' due to undisclosed crypto project-market maker collaborations.
- MANTRA’s OM token crashed 90% in an hour, raising suspicions of insider trading and tokenomics manipulation.
- Over 12,000 cryptocurrencies have failed since 2013, driven by scams, low trading activity, and abandoned projects.
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