Today let's talk about the leading tracks and Binance's token listings
Compared to traditional industries, changes in crypto happen much faster, especially with the rapid development of on-chain memes, leading to daily opportunities for doubling investments, with FOMO emotions everywhere. The result is that everyone sells their Bitcoin in every market wave, buying altcoins that seem to have more growth potential, but when the market cycle ends and calculations are made, they find that holding onto their Bitcoin would have been better—this cycle repeats.
The same situation can be found in many single ecosystems. For example, everyone wants to buy the next AIXBT, but actually overlooks that Virtual is the strongest Beta; many people want to realize quick doubles in Hype MEMEs like Purr, but cannot withstand the washout of the past week and thus cannot hold onto the hype itself. Not everyone is a trader who can sit and watch the market for 18 hours a day; normal people find it hard to face the psychological issues caused by selling at a loss. Therefore, my suggestion is to focus on holding the leading assets rather than chasing elusive Alpha.
Each track has its own anchor; buying the leading assets means you have secured the most stable horse in that track. In my view, a cryptocurrency exchange’s token listing is about capturing these most stable horses as much as possible. Here, Binance and Bybit have slightly different strategies. Bybit, due to its smaller scale, needs to discover Alpha ecosystems, so the response time for token listings is relatively quick, and trading contracts or spot is less burdensome. However, Binance, due to its large user base, prioritizes listing contracts for uncertain ecosystems first to gauge their quality, and only considers spot listings if the quality is good.
