Arthur, founder of DeFiance Capital, has sounded alarm bells about the current liquidity landscape in cryptocurrency markets. In an interview with Foresight News, he revealed concerns surrounding the collaboration between project teams and market makers to artificially sustain prices, describing this process as a ‘black box.’ He explained that it’s difficult to discern whether price fluctuations are driven by genuine supply and demand or manipulated by project teams for their own benefit. Arthur also criticized centralized exchanges (CEX) for failing to address these practices, allowing them to flourish. He argued that the altcoin market is becoming a breeding ground for inferior coins to outcompete superior ones, eroding investor trust. Further fueling these concerns are token generation events (TGE), with many coins experiencing dramatic price drops of 70% to 90% within months of launch, leaving investors stranded. Arthur calls on major industry players to take action and address these issues before the market becomes uninvestable.