Binance used to rank first among exchanges (it still does now), but the trading volumes of the exchanges ranked 2nd to 10th combined are not as high as Binance. At that time, it could be said to be the absolute king.

Later, with the rise of inscriptions, OKX attracted a large number of popular and sticky users by taking the lead in deploying wallets. In addition, under the on-chain wealth-making market, a large number of secondary users came to the primary level, and most of them used the OKX wallet.

As the secondary market becomes larger and larger, no matter how good the story is, it cannot attract new funds to take over the secondary market. More project owners choose to start a new market at the primary market and then get off at the final stop (Binance), which leads to many users who stay on Binance being called "takers", forcing them to also enter the local dog market, which continues to lead to a decrease in the actual number of users of the exchange.

In this context, new first-tier exchanges such as bitget and bybit have also emerged. They have low thresholds for listing coins. After screening, they launch a large number of high-quality on-chain projects, attracting a large number of exchange users. Because secondary users can basically choose their favorite tokens from the tokens they have launched, to bet on Binance's expectations, it is also much better to wait for Binance to take over at the last stop.

Therefore, even the most conservative secondary users will come to other exchanges to trade one after another. Bitget was previously known as "Binance Strict Selection" and "Little Binance".

Of course, Binance’s approach is also very clever and amazing. Since everyone likes to guess Binance projects in other places, it is better to come to my own place to guess, and I can also promote my wallet by the way, so Binance wallet#alphais out.

Frequent listing of coins: Let everyone know that Binance can also list coins like this crazily, no longer limited to restrictions such as high market value, so that more low-market-value good projects can wait to be listed on Binance before gambling, so that users can make money on Binance again, breaking the fate of being regarded as the last stop of liquidity, and continue to bring back the traffic taken away by exchanges such as Bitget in this way (since everyone can list coins in this way, users will definitely choose Binance with better liquidity)

Build popularity on the bsc chain: My personal opinion is different from that of many people. Some people think it is for filling their stomachs, but in fact, my opinion is that it is for shipping. There is too much to say about this reason.

In my opinion, if $sol and $bnb do not have on-chain and mining support, sol may go below 90, and bnb may be almost halved.

Now that $btc continues to fall, for short-term operations, I think the approach on the chain is that Binance Chain can continue to play with the concept of cz and Yijie leading the way, but don’t be too ambitious, get in early and run early, and play less with other things.

If you are sol, just play the ones with hot spots and narratives, and don't do too much in other games. You can participate in the experience through lottery warehouse.

When the market is not good, the best strategy is to protect your capital.

The secondary level only does short-term trading and leaves when there is a profit, or adopts the currency-based thinking that I mentioned before, keeping the profit coins and withdrawing the principal.

(I said the other day that the rebound was the selling point. I did this with#Mubarakand $tut. This way, I still have the principal and the currency.)

The above are all my personal opinions, purely handwritten, may not be very smooth, please forgive me🤝