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Less than 1% of projects publicly disclose their agreements with market makers, according to recent research. Amid ongoing concerns about price manipulation, undisclosed token sales, and artificial pumps, this lack of transparency is especially notable. Without clear information on market-making terms, it’s difficult to assess real supply dynamics, liquidity risks, and whether price movements are organic or influenced. Bottom line: most of the market still operates like a “black box” when it comes to liquidity management. 💛
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