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破壁者凌凌漆
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Binance is a bit embarrassed now. In order to maintain the strength of bnb, it has launched 22 projects this year, each of which starts from almost 2 billion US dollars. There are also a bunch of meme coins. As lively as they are now, the bear market will be miserable.
After CZ was removed, the entire Binance market followed the same rhythm as Huobi back then. People like $bome either listed it immediately or did not list it. This time, it was all the takeovers from other CEXs. When Binance was able to get started, on the one hand, it launched the currency standard immediately after the 1994 generation, and another important point was that it rejected investments from Sequoia and others at that time to avoid a lot of Shenbo, Li Xiaolai and other platforms like Huobi and OK. (especially after Huobi accepted real investment), the most important point was of course the strict listing and delisting mechanism at that time, which avoided the losses of retail investors in the long bear market.
Over the years, there have been kucoin, which is similar to Binance but one month later, 58coin, which is the earliest U-based contract, and FCoin, which is the earliest transaction mining. These are either pogai or second-tier. Binance has been able to get to where it is today. The last wave of bulls with nearly 200 million users was all supported by retail investors. Although it is a zero-sum game, it must be relatively fair. This kind of meme can be solved in an hour or a few days, and one-tenth of its circulation. Forget it if it costs tens of billions of dollars. Why speculate on the new and not the old? Because some garbage needs several waves of bulls to take over and cash out. In these three waves of bulls, many junk projects have been cut off to invest in technology projects.
The bull market may sacrifice some transaction fee income, but the bear market provides protection to retail investors. I hope Binance will go further.
Finally, as a reference for everyone, the busiest time for the primary market is the end of the bull market.
After CZ was removed, the entire Binance market followed the same rhythm as Huobi back then. People like $bome either listed it immediately or did not list it. This time, it was all the takeovers from other CEXs. When Binance was able to get started, on the one hand, it launched the currency standard immediately after the 1994 generation, and another important point was that it rejected investments from Sequoia and others at that time to avoid a lot of Shenbo, Li Xiaolai and other platforms like Huobi and OK. (especially after Huobi accepted real investment), the most important point was of course the strict listing and delisting mechanism at that time, which avoided the losses of retail investors in the long bear market.
Over the years, there have been kucoin, which is similar to Binance but one month later, 58coin, which is the earliest U-based contract, and FCoin, which is the earliest transaction mining. These are either pogai or second-tier. Binance has been able to get to where it is today. The last wave of bulls with nearly 200 million users was all supported by retail investors. Although it is a zero-sum game, it must be relatively fair. This kind of meme can be solved in an hour or a few days, and one-tenth of its circulation. Forget it if it costs tens of billions of dollars. Why speculate on the new and not the old? Because some garbage needs several waves of bulls to take over and cash out. In these three waves of bulls, many junk projects have been cut off to invest in technology projects.
The bull market may sacrifice some transaction fee income, but the bear market provides protection to retail investors. I hope Binance will go further.
Finally, as a reference for everyone, the busiest time for the primary market is the end of the bull market.
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