Manta Lianchuang: Market makers are all parasites. If there is demand, they can only lend no more than 0.2% of the coins.
03-10 06:08

Odaily News Manta Network co-founder Victor Ji wrote on X: "Every day we receive invitations from so-called active market makers and OTCs to buy coins and acquire them. My attitude is to just stay away. Whether market makers are active or passive, they are all blood-sucking termites in my eyes. They don't look at the fundamentals of the project at all. But every time we have a meeting, these people are very active in organizing events and running meetings. The boss is also very rich. Why? All the money comes from the project community. If more funds in this industry do not pay attention to fundamentals, the industry will collapse faster and faster, and market makers are the most blatant group of people who do not pay attention to fundamentals. The liquidity I believe in comes from real community transactions. Whether you are optimistic or bearish, it is a natural market. If market makers are willing to participate, you can buy coins in the market to get a position."
Victor Ji added: “If some project founders are worried about insufficient liquidity and are unwilling to pay to be retainers, then my suggestion is to make a loan, but the size must be the smallest. Our earliest calamari in the Polkadot era was asked by San Arrows market makers for more than 3% of tokens. These grandsons turned around and sold the coins, and told us how legit they were and that they would never sell the coins. A real loan only requires no more than 0.2% of the coins. Because think about it, if the depth of 2% up and down requires 200k, it is already a lot, and 0.2% of the coins must be worth more than this. If the market maker wants more coins, isn’t it just to crash the market?”

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