Worldwide Listing Trends: Binance, Bitget, OKX, and Bybit
Bitget's Dominance in Token Listings: Bitget led the market with 10 first-time token listings, achieving an impressive average fully diluted valuation (FDV) of $287 million, surpassing Binance and Bybit.
Binance's Ecosystem Focus: Binance has shifted its strategy to support projects built on its Binance Smart Chain (BSC), opting for fewer direct listings to enhance its blockchain ecosystem and user retention.
OKX's Conservative Approach: OKX adopted a cautious strategy by listing only three projects, focusing on established tokens with active user bases, indicating a preference for community-backed options.
Bybit's Varied Listing Strategy: Bybit showcased a diverse range of listings, including high-value tokens like Yield Basis with an FDV of $573 million and smaller projects, reflecting its willingness to take varied risks to cater to different user segments.
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