This article is machine translated
Show original

About 3 months ago, $FLOCK @flock_io was delisted from Binance Alpha, but today some friends reported that FLock was "quietly" relisted, and this turnaround move is likely to confuse the project team. There's no need to analyze the reason, as exchanges have their own listing and delisting rights, but this does point out a direction for the project team: In fact, there's no need to treat getting listed on Binance Spot or Alpha as an ultimate Milestone, and make unsustainable sacrifices for it. In fact, the key to determining whether a Ticker can be listed is the most basic indicators such as real and effective token holding addresses, trading volume, and turnover rate. Theoretically, if worried about not being listed, one only needs to continuously build and strengthen these indicators, which are the bargaining chips for project teams to negotiate on equal terms with exchanges. FLock is a typical example. Originally performing very well on Bybit TGE, it was listed on Binance Alpha, and then suddenly delisted as the market trend declined. Unexpectedly, it was recently listed on Upbit and Bithumb, with a single-day trading volume exceeding $100 million and a cumulative increase of over 222% in 5 days. Perhaps due to such excellent performance, it was again included in Binance Alpha. So, instead of racking their brains to meet Alpha listing conditions, project teams should focus on building strong market performance.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments