Actually, I think Binance is doing quite well and is a model for the industry.
It's not that I want to flatter them.
Let me give three simple examples.
When Binance launched what everyone called the 'girlfriend coin,'
people were dissatisfied, and then they launched the so-called 'bome.'
The result of the launch was that everyone was selling.
Later, Binance launched some projects they invested in.
People mocked them, saying they were launching their own coins.
Well, now Binance has launched the well-known 'aibxt,'
and I guess everyone has nothing to say.
But the result? It still dropped.
What’s the essence of this?
Many people set the tone.
They treat Binance as the final destination.
Once it’s on Binance, they sell.
If it’s not listed, they push for it to be listed.
Why are they fixated on Binance?
It’s precisely because Binance is the industry benchmark.
Why don’t they push for listings on other exchanges?
The essence is simply that they want to sell their own coins at a high price.
I think if Binance
followed the old habits of exchanges, everyone would still be in deep trouble.
More vision is needed to look at this.