Show Notes
One of the multitude of ways that developers get creative with influencing price and triggering naive investors to buy into the project, especially when it's recently launched.
Can't be proven...but if you look at actual reputable projects, like EverRise, you don't see shady transactions in their trade tables.
A developer can then say they're "working on" the issue...but when you have other tokens like Golden Sparrow Token that don't have it, you have to wonder why a small, lesser known, NON-shilled project like GST can have clean transactions but the project that gets unreasonable levels of hype on social media gets singled out.
At some point...we have to stop blaming the industry and look at the crypto developers themselves. They're either shady...or incompetent. Or both. And that's not what we should want.
If you'd like to learn more about frontrunning and why it's bad - recommended reading:
https://cybernews.com/crypto/flash-boys-2-0-front-runners-draining-280-million-per-month-from-crypto-transactions/
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