Long.xyz Founder: Approximately 10,000 new asset issuances added since Pre-IPO feature launch, issuance limits will continue to be adjusted
Odaily report: Nate posted on X platform stating that without token code locking and client-side issuance quantity limits, the platform's daily issuance volume could reach 100,000, which would lead to an increased proportion of bot usage, making it difficult for ordinary users to filter through the large volume of new assets, and potentially fueling FOMO trading, chasing trading volume, and data inflation. The team plans to add asset discovery filters to help users screen projects based on parameters such as whale holding ratios, asset lifespan, and anti-fragility, and to aggregate liquidity and capital flows toward assets within the ecosystem that perform well and possess uniqueness. Currently, the team has not found major issues with trading pairs, but new risk control parameters have been prepared. If pump-and-dump behavior is found to originate from coordinated manipulation, relevant restriction measures will be activated promptly.
