The vote-to-list approach mark a beginning to “decentralise” listing process and reduce floating/selling pressure.
Previously, projects had to offer their token with an additional listing fee to get listed on Binance.
Now, with lower costs, they can get listed through specialized intermediaries. Which make project teams happy as this bring down overall costs, save time so can focus on product itself.
Whales are grinning because it gets them liquidity to exit and “extra utility”.
Small traders are chuffed because they get paid for voting.
The only ones left sulking are the FOMO folks stuck holding the bag on the secondary market. All that pre-listing hype made it sound like a rocket, but why does it keep dumping after the Binance listing?😂
(A Chinese CC shared the screenshot below: people buying 1 vote for $6 USDT, and I saw someone offering $7 under a tweet.)


From X
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