Why do I say that Dogs was "forced" to list on Binance? -- A brief analysis of the conspiracy of the team behind it

Many people on Twitter complained about $DOGS listing on Binance, saying: Binance was blind to list such a rubbish project; the development cost was 200,000 yuan, the valuation was 2 billion yuan, etc.

However, according to the "exchange news" mentioned by many people and the announcement of the official channel of Dogs, 5-8 million KYC users have completed the step of token deposit to CEX.

This "new user acquisition" effect is very terrifying in the web3 industry, because after all, Farcaster, an ecosystem with a valuation of 1 billion US dollars, has not yet had 1 million users, and the actual number of users may be only 100,000-200,000.

In fact, looking back, DOGS can be listed on Binance, which is actually in the step-by-step layout of the team behind it. There are several core points in this process:

1. The lowest threshold for receiving airdrops: just have a tg account (lowering the threshold for studios to start and the threshold for participation of users outside the circle)

2. "Effective" real user screening mechanism: the bonus of tg premium members, and the logic of directly depositing to the CEX KYC account

3. Early successful launch data + pre-market control make the studio profitable and can continue to increase the volume.

4. The core conspiracy: Confirmed millions of user coverage, if you don't go on, most users will deposit to competitors. If you are the largest exchange in the industry now, even if you think that most of the users already have your account, if you don't go on, these users will go to those competitors to create accounts + trade.

If it were you, you would see Dogs listed on CEX after CEX, and then the project owner would throw the data in your face, saying that xxx million users have already deposited to XXX and xxx CEX.

Would you not buy this coin?

(Note: The timeline in Figure 2 below is generated by Grok and may not be accurate)