Are Crypto Prices Manipulated? Official Trump Token and Others Raise Eyebrows

According to data in Coinranking, at least 12,799 new coins have been listed in the last year. Today alone, at least nine tokens have officially entered the market, including MBX, MODALAI, MCC and NILA. Many believe that the launch of a new cryptocurrency in the market is a positive sign. To an extent, this is true and it actually reflects the growth-oriented nature of the cryptocurrency sector. However, questioning the credibility of the way new tokens are priced, DeFinance Capital’s Arthur Cheong alleges that project teams and market makers often work together secretly to manipulate token prices. Curious to know more! Read on!