List of new CEX coins launched recently :
$PROMPT
$BABY
$RED
$KERNEL
$BR
$STO
$NIL
$HYPER
$IP
$WCT
$KAITO
$SIGN
$WAL
$INIT
$LAYER
$ZORA
It's just absolutely endless
Gwart and Hoseeb recently made a debate episode about crypto VC, and it's very hard not to agree with Gwart when you see these kinds of raise happen every week.
For most "normal" traders/investors, it simply feels like the same crew of insiders always gets to invest at risk-free terms in your N-th L1/L2/whatever that the world does not need, and you end up being the exit liquidity for these tens of low float high FDV BS tokens
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