The listing process in crypto is completely and utterly broken. Arbitrarily launching at venue / self defined listing prices can only defy gravity for so long before the inevitable down-only Although tradfi is tradfi, there's at least a full book-building process during an IPO

arndxt
@arndxt_xo
04-11
Binance listings reveal a systematic brutal truth.
Out of 27 new tokens listed on Binance in 2025, only 3 are in the green as of April 1st.
89% failure rate and some are down 70-90%.
Blame the luck.

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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.
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