Why hasn't Binance delisted FTT? To simply attribute this move to Binance being in trouble is rather narrow-minded. For a trading platform giant like Binance, the losses brought by FTT are merely a drop in the ocean.
Binance's choice to retain FTT actually stems from FTT being a flagship project of the restructuring concept, and its market value is self-evident. Looking globally, the winds of restructuring are sweeping across all fields, yet the cryptocurrency world has yet to experience its charm. Compared to new coin issuance, the cost of restructuring is much lower, which is a major peculiarity in the crypto space.
I firmly believe that the reason CZ retains FTT, aside from a very small number of personal interests, is more based on a grand layout and strategic thinking for the cryptocurrency ecosystem.
In short, the cryptocurrency world’s hype around the restructuring concept far exceeds the blind chase of Meme coins. Meme coins lack the charm of scarcity and the soul of technology; they are merely a noisy combination of animal images, difficult to shine brightly in the market for long.
You restructure yours, I’ll buy mine.
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the cryptocurrency world but don't know where to start? Follow me and check my homepage to achieve freedom in this bull market.