📌 Key Insights from CZ (Changpeng Zhao)
This is a summary of a compelling Cointelegraph article featuring CZ’s views on the current state of crypto listings on both DEXs and CEXs. According to CZ, the way tokens are being launched and listed today is unhealthy, unfair, and inefficient.
💡 The Shift from Utility to Speculation
In the early days, the crypto space focused on utility over speculative trading. However, that utility has been diluted—or in many cases, completely absent. Many investors now buy tokens on DEXs before a CEX listing, only to dump them once listed, leaving new retail investors as exit liquidity.
📊 The Explosive Growth of New Tokens
2021: Tens of thousands of tokens launched per month.
2024: An average of 1.4 million tokens launched per month.
Early 2025: Already reaching 3 million tokens launched per month.
🚨 Why This is a Problem
CZ believes the CEX listing process needs urgent reform to prevent this cycle from harming new investors.
⚠️ What This Means for the Market
✅ Retail traders on CEXs are the biggest losers in this system.
✅ Altseason might be a thing of the past—with so many new tokens, altcoins may never return to their previous highs.
✅ Bitcoin $BTC dominance will continue to rise.
✅ 99% of altcoins will fail. If a project lacks long-term value, it’s best to ignore it.
✅ The key to success? Invest in the 1% that truly matters—HODL wisely.
