#币安投票下币
Binance Voting for Token Delisting: The Wave of Change in the Crypto Market
The first Binance voting for token delisting activity has instantly stirred up a storm in the cryptocurrency community. This event involves 21 tokens, including JASMY, ZEC, and FTT, and its outcome directly determines the projects' fate, garnering significant attention from various sectors.
ZEC and FTT are very likely to be delisted. ZEC uses zero-knowledge proof technology to conceal transaction information; while its anonymity protects user privacy, it poses challenges for regulation and has a high risk of being used for illegal activities. Additionally, the poor scalability of the blockchain raises concerns for its future. FTT, as the native token of the bankrupt platform FTX, saw its value plummet after FTX collapsed due to financial violations. The project team is unable to operate, plagued by negativity, and remaining on Binance will only harm user interests and the platform's reputation.
In contrast, projects like JASMY and ALPACA can continue to stay on the platform if they meet specific conditions. JASMY can solidify its foundation by continuing to develop products, actively communicating with the community, publicly sharing project progress, and steadily expanding in the IoT field, as long as it remains compliant. ALPACA, with its innovative DeFi model, boasts an active community, a strong team, good reputation, and consistently positive on-chain data, with trading volume and user activity continuing to rise, and no risk of violations, making it highly likely to remain on the platform.
The token voting mechanism is a double-edged sword. Supporters believe it grants the community a voice, allowing users more say in token management on the platform, making decisions more democratic, and urging project teams to enhance their capabilities and optimize the platform ecosystem to adapt timely to market and user needs. However, opponents point out that issues like vote manipulation are hard to eliminate, impacting voting fairness. Ordinary users often lack professional knowledge and information, making their votes susceptible to market sentiment and large capital, failing to reflect project value accurately, and the voices of small investors are often overlooked. Binance's voting for token delisting activity presents opportunities while concealing challenges, and its outcome will profoundly affect the landscape of the cryptocurrency market.
