Why does the cryptocurrency market favor new coins and ignore old coins?

Looking at Binance's delisting of OMG, WAVES and XEM, which were once ranked in the top 50 in market value, the current situation is such that we can understand why new coins are more popular in the market.

OMG, the top cryptocurrency in Thailand, has attracted much attention and popularity, but it cannot escape the fate of being delisted. The delisting of tokens will inevitably lead to a large-scale sell-off, a sharp drop in prices, and heavy losses.

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