On May 19, crypto researcher @tradetheflow_ said in a post on its social platform that in the past six months, the average FDV of new listed projects in the top CEX (such as Binance) reached 4.20 billion US dollars, and some projects even exceeded 11 billion US dollars.
The researcher further pointed out that the leading CEX exploits retail investors' lack of access to quality early-stage investment opportunities, and its listing is only to provide exit liquidity for insiders.
Crypto researcher: In the past six months, the average FDV of the top CEX new listings reached 4.20 billion US dollars, and more than 80% continued to decline after listing
2024-05-19 05:32:18
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