What is a leek? If you don't understand this principle, then there's no need for anyone to take over the spot market.

Because the market maker already controls most of this token, and the circulating supply has been taken away by them in advance.
Your profit is mainly made through contracts; currently, there are over 15 million USD in profit from long positions on contracts that haven't been closed out on the entire network (not counting the countless positions that have already been closed).
Calculate for yourselves where the money is coming from?
Now, when the price rises, you desperately short; when it falls in a few days, countless people will buy the dip and go long.
Round and round, tens of millions of USD, all in the hands of the market makers.
Tens of millions of USD are real money being taken from everyone's pockets...
This corresponds to the happiness and hope of many small families.
Because no one has this kind of trash counterfeit coin in the spot market anymore; even if it rises to a hundred, it's just a matter of paying a small fee.
Wake up, stay away from highly controlled pump-and-dump altcoins.