While everyone keeps have individual opinions and speculations on the next prices of cryptos, especially on the next altcoin season, I'll say we are moving nowhere because of price manipulation by exchanges. The actions of some exchanges is dropping the prices of tokens unnaturally and these affects market and industry confidence. How can we attract new money into the market when top wash trading exchanges like Bitforex and Bibox still exists and deceives people freely?
I don't need to add links to prove, but just google these exchanges and add the wash trading to your search term, you'll be marvelled at the results you'll find.
hmm i dont think we CAN stop it man
all we can do is be smart, and dont allow ourselves to get sucked into things like FOMO and IEO hype.
Back in the day places like Bittrex used to show top balances in coin amounts, so it helped users see if a coin had some whales manipulating people
but all exchanges have removed that distribution info now