Binance doesn’t feel like the same exchange it was when CZ was in charge. Back then, getting listed on Binance was a huge deal, and the market would go wild. Now, most of the tokens they list seem to go nowhere. In fact, almost 79% of the coins they listed this year are down by 80%.
What’s confusing is that they’ll list a coin with a market cap of under $20 million, but strong projects can’t even talk to their listing team unless they have big investors or a huge social media following. Does Binance now care more about social media numbers than the actual value of a project?It’s hard to understand why Binance would risk its top spot as the number one crypto exchange. Listing some meme coins is fine, but why choose two coins with the same name that are already declining and barely a month old? How did they pass compliance checks when many real utility projects that meet all the rules don’t get a chance?
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Is Binance Losing Its Edge in the Crypto Market?
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