Danillo

solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA FREEDOM_coin is now going full DEX instead of CEX solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA FREEDOM_coin was launched in April 2018 via DEX at a total distributed value of $70,000 In 2018 and 2021 the solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA coin reached ATH of $360,000,000 Both times the price crashed afterwards mainly because CEX were hacked or performed an exit scam, resulting in a high volume of solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA coins being dumped on the market To give an idea of the extent of the risks that CEX listings form for a project : 1) CEX on which solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA was traded and that performed an exit scam : AAX, ABIT, Alteum, Bibox, BitForex, BiteBTC, Fedlio, BitGlobal (Bithumb Global), BitKer, BitMart, Bleutrade, Coinsbit, Cointiger, CREX24, DSDAQ, Finexbox, FiveStar, InstantBitex, Latoken, Listex, Purcow, Stex, TAGZ 2) CEX on which solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA was traded that were hacked : Altilly, Bilaxy, Eterbase, Hotbit, Vindax My advice to starting crypto projects : 1) Do not list on exchanges that are not in the TOP10 of Coinmarketcap.com : the risk of hacks and/or exit scams is too high 2) If you list on a TOP10 exchange, be aware that "market making" is absolutely necessary. Market making services are offered by specialized companies or by the exchanges themselves. Risk : there is a thin line between market making and wash trading. Make sure your market making provider never crosses that line ! 3) Focus on DEX instead of CEX. Also today the price of FREEdom coin is suffering from the recent exit scams of BitMart and Latoken This impact will fade over the next weeks, afterwards we will focus us completely on DEX FYI : number of of solana:82XVWa4pEfPhZfN3a7ANHSy9iPekmMwm934ZUpkFMUSA active onchain wallet holders remains extremely high despite the current price drop.