Observation: Bitcoin leads the pullback, altcoins are bleeding out. The community is filled with resentment toward @cz... As the saying goes—'Heavy is the head that wears the crown.' As the founder of the world's largest exchange, there hasn’t been strict vetting of projects. Instead, every time the market warms up, it’s all about speeding up ⏩ listing, listing, listing . Now, the industry lacks proper regulation, and altcoins have flooded the market. It’s practically a locust infestation everywhere.