📢Blockchain News Flash! According to a report by CoinMarketCap, the new token projects launched by the four major cryptocurrency exchanges Binance, Bybit, OKX and Bitget in 2024 were affected by market conditions, and most projects have performed poorly since their initial listing. 😔

Bitget and Bybit have launched the most tokens this year, with Bitget launching more than 310 tokens and Bybit launching more than 130 tokens. The new tokens on the two trading platforms are concentrated on Meme coins and related tracks. 🚀However, these tokens often come and go quickly, and 80% and 70% of the new tokens are loss-making. 😰

Binance, as an industry leader, has adopted a more cautious strategy with a relatively low number of tokens, only about 30, but still about 50% of new projects are currently in negative ROI. 😢This also highlights the prevalence of the current market downturn.

However, the market in the second half of 2024 can already see a lot of opportunities, whether it is the supply shock after the halving, or the first Fed rate cut since 2021, and the upcoming US election, both Trump and Biden have expressed support for the crypto industry, which will give the crypto market new impetus. 💪We are always optimistic about Bitcoin! 🚀