According to Crypto analysts, over 94% of the Binance token lists in 2024 and 2025 are red, ranging from 17% to 97%. This is in stark contrast to the heyday of Binance’s token list.
A study by Crypto Analyst found that the average loss of 27 tokens listed by Binance so far this year was 44%. Only three tokens produced positive returns, with 13 suffering more than 50% losses.
The shelter described the token as “pure outlet liquidity,” claiming that “if the biggest, most retail and retail-friendly exchanges push only trash, newcomers assume that crypto is nothing more than a scam.”
Read more: $38 trillion in US brokerages still restricted from Bitcoin
Dune Analytics, published by @oladee, also not too big in 2024, as it emphasized that almost 98% of the tokens listed that were red. The average loss in 2024 was 54.6%, but the price of 12 tokens was It’s dropped more than 90% since the list.
The token called BabyDoge tested 8.9% positive in 2024.
The Binance List was known for pumping the price of tokens and acting as an informal seal of project legitimacy. But those days seem to be over, and the majority of these lists are depreciated in the long term.
It is worth noting that we have seen bearish price action in many major cryptocurrencies this year. However, the crypto market in 2024 is considered bullish, with 98% of the listed tokens falling since their debut in Binance that year.
In February, former Binance CEO Changpeng Zhao described the platform’s listing process as “a bit broken.” In his post, he He complained about the time it took to announce the token list and actually list it And how can it cause price fluctuations?
In potentially related news, Binance announced another round of its “List to List” initiative. The initiative, introduced in February, allows the public to decide which Crypto projects are eligible for spot lists on the platform.
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