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The cryptocurrency market has recently seen an interesting phenomenon. Typically, when a project is about to be delisting, its price tends to fall significantly. However, the news that the MeMeFi contract is about to be delisting surprisingly triggered a notable price increase.
This situation is quite similar to the experience of Alpaca Coin a few months ago. The reason behind this abnormal phenomenon may be that the current encryption market is not lacking in liquidity. In addition, many major holders of small cryptocurrencies still firmly control their tokens.
Faced with the imminent delisting situation, these major holders seem to have made a strategic decision. They believe that instead of waiting for the project to be delisted and causing the token value to drop to zero, it is better to take this opportunity to aggressively raise the price in order to cash out at a high point. This behavior has led to the peculiar market trends we have observed.
This phenomenon also reflects the complexity and unpredictability of the cryptocurrency market. Investors need to remain vigilant in the face of such a market, thoroughly analyzing the underlying motivations rather than blindly following short-term price fluctuations. At the same time, this highlights the regulatory gaps that still exist in the cryptocurrency market, which urgently require more comprehensive rules to protect investors' interests.