Binance voting to delist coins: A crypto version of 'Squid Game'
(Purely fictional, any resemblance is purely coincidental, you may have lost money too) Fellow villagers, today Binance made big news, voting to delist coins! This operation is even more outrageous than Sun's TRX issuance! Scene 1: Retail investors turning into masters?
I heard that Binance is going to hand over the power of listing coins to users, and I couldn't help but laugh like a pig. Those experienced in the crypto world know that so-called 'community governance' translates to: 'You bear the burden, I still make money.' User voting? Ha, isn't it just letting the retail investors throw rotten tomatoes at each other, while Binance elegantly says, 'I know, but I don't listen.' However, the rules are quite considerate, with a voting threshold of 0.01 BNB (about $6), even brothers who can't afford instant noodles can participate, truly 'inclusive finance.'
Scene 2: The 21 'Children of Misfortune' on the death list
In the voting pool, there are 21 tokens, including JASMY, ZEC, and FTT, all veterans in the crypto world. Especially FTT, even the coffin lid for SBF is about to burst: 'I’m already in jail, do you still want to whip the corpse?' As for ZEC, privacy coins have become like street rats under the regulatory iron fist, and this move by Binance is saving bullets for the SEC. The funniest part is that Binance kindly reminds: 'Dear, please consider whether the team is working hard before voting～' — What, do we still need to give the project team an 'Award for Best Regression'?
Scene 3: The layers of tricks from the market makers
You think this is democracy? Naive! The project team has already pulled everyone into a group overnight: 'Brothers, vote for other people's coins! Save our own lives!' Even worse, some directly offer airdrop bribes, a true crypto version of House of Cards. What's even more ridiculous is that Binance has already opened contracts for all candidate tokens, clearly stating: 'Don't like it? Short it!' In this wave, Binance is in the stratosphere—voting earns traffic, shorting earns fees, and the market maker profits from the price difference, a triple win!
Scene 4: The ultimate philosophical question—who the hell is buying these coins?
Upon seeing the list, I fell into deep thought: some of these projects have had teams missing for three years, some tokens are issuing like the Federal Reserve printing money, and some communities are as deserted as ghost towns… And yet, there are still people trading? Indeed, in the crypto world, only two types of people never give up: believers in the war god and the unlucky ones who forgot their account passwords.
Predicted outcome
In the end, Binance will surely announce with deep emotion: 'After intense community voting and professional review, we have decided—to delist 5 coins! The other 16, next time for sure!' Then the prices will collectively plummet, and the contract liquidation rankings will hit new highs, while on Binance Square, the retail investors will cry and sing: 'Thank you for your warmth, because of you, the seasons are warm…'
Friendly reminder: This article is purely for entertainment. If it unfortunately rings true, it is recommended to bottom fish FTT—after all, SBF might need it to pay for a taxi when he gets out.
