Hypothetical Scenario: If I Were the CEO of Binance
If I were the CEO of Binance, I would consider delisting three specific coins:
This coin, which I’ll refer to as "Waterfall" (abbreviated as W), has shown no potential for growth. Its tendency to crash makes it a risk for rug-pull schemes. I am committed to eliminating scams from our platform.
Current Price: $0.3405 (+0.59%)
Despite Bitcoin's surge to $74,000, DOT has failed to follow suit and hasn't recovered like Solana. Its poor performance is evident. Although I'd prefer to delist it, the profitability it brings due to trading volumes might prevent my team from agreeing.
Current Price: $6.106 (-2.58%)
Known as the "canary network," KSM has drastically fallen from $600 to around $21-$25. This "dead bird token" has low trading volume and minimal interest, making it unprofitable for our company. I would strongly consider removing it.
This is a hypothetical scenario. Feel free to share your opinions and critiques, as I understand everyone has different perspectives. Please provide your comments with reasons.