🚀 Arthur Hayes, ex-CEO of BitMEX, calls out the myth of paying hefty fees to centralized exchanges (CEXs) for token listings. Despite high hopes, his analysis of 103 projects in 2024 shows most tokens lose value post-listing. 📉

Hayes highlights that inflated valuations and venture capitalist tactics lead to inevitable market corrections. Even Binance, charging up to 8% of token supply, doesn't guarantee success. Hayes urges projects to rethink their strategies for better market sustainability. 🌐 #Crypto #Blockchain #Web3 #Metaverse