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Home » Binance Coin Skyrockets Market Unable to Keep Up Fundamental Factors from Issuer What
Investment Finance

Binance Coin Skyrockets Market Unable to Keep Up Fundamental Factors from Issuer What

Jun. 21, 2024No Comments1 Min Read
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Binance Coin Skyrockets Market Unable to Keep Up Fundamental Factors from Issuer What
Binance Coin Skyrockets Market Unable to Keep Up Fundamental Factors from Issuer What
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Community Opinion: “Binance is now listing new tokens at an excessive frequency, flooding the market with high market cap VC projects. The market liquidity simply cannot handle the influx of billions or even hundreds of billions of VC tokens. Is Binance listing these tokens in accordance with the principle of maximizing interests or the principle of fairness in the cryptocurrency industry? These tokens, which often have a high market valuation in the billions of dollars upon listing, dilute the already limited liquidity and result in poor trading activity on the VC project chain.”

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