HAS BINANCE LOST ITS INFLUENCE IN THE CRYPTO INDUSTRY?
I remember back in the day BINANCE used to be the dream of every crypto project developer that has the dream of getting their project seen. But today it seems that influence has dwindled drastically.
Back in the day most crypto projects would hardly have good visibility without binance listing, and such listings are usually accompanied with the token price shooting up astronomically to over 10xs, 20xs and sometimes 30+xs. But today that hardly happens.
You see projects (e g, $HMSTR $BROCCOLI714 $MUBARAK etc) listing on binance and their prices do nothing. Most times the project price dump drastically instead of pumping and they hardly ever recover. Are these signs that binance has lost the influence it once had in the crypto industry?
Yes, I know that the competition has become really stiff with the introduction of DEFIs and other top tier CEX. But can we still say that binance still has the influence it once had on the crypto industry?
I'll like to hear your opinion on the comment section .
