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SPCX $145.01 -8.44%
MU $858.86 -6.08%
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Zhao Changpeng: There are issues with the token listing process on Binance, and the token prices will be driven up on DEX during the notification period

2025-02-09 22:39:23

ChainCatcher message, Binance founder Zhao Changpeng posted on social media, "As an observer, I think there are some issues with Binance's listing process. The platform first issues an announcement, and then goes live 4 hours later. While the notice period is necessary, during these 4 hours, the token price can be pushed up on DEX, and then someone sells it on CEX. However, I'm not sure if there is a solution. Everyone should still be aware of the risks."

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