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    Home»Crypto Market Trends»Binance Faces Community Backlash Over Poor Token Listings
    Crypto Market Trends

    Binance Faces Community Backlash Over Poor Token Listings

    Team_SimonCryptoBy Team_SimonCryptoApril 4, 2025No Comments1 Min Read
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    Latest studies revealed that 89% of tokens listed on Binance in 2025 confirmed damaging returns. Tokens from 2024 didn’t carry out a lot better both. As soon as seen as a launchpad for brand new tasks, Binance listings not assure success.

    The ACT token highlights the difficulty. After its itemizing, it dropped sharply in worth. Market maker Wintermute reportedly offered off massive quantities of ACT, elevating doubts about Binance’s listing course of.

    On the identical time, FDUSD—a stablecoin carefully tied to Binance—misplaced its peg, falling to $0.89. This got here after studies of chapter on the issuing firm. Wintermute later withdrew over $31 million FDUSD from Binance, worsening the depegging.

    Some neighborhood members claimed Binance staff leaked inner information to pick out whale teams. If true, this raises critical considerations about transparency.

    Customers now accuse Binance of focusing extra on itemizing charges than on challenge high quality. The trade lately launched a voting system for listings, however many say it’s not sufficient.

    A beacon of belief inside the crypto universe, Binance is now besieged. The boycott calls are mounting. If the platform doesn’t handle these points, its fame could also be irreparably broken.



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