it only create hype to new investors or traders that want to speculate their money to get return. look at several coints which is participate in community voting, most of them will rise alot . but binance strictly to select project will listed there. developtment will always monitored by binance team , if listed project have no significant developtment they will add this project again to delist table.
I think it is a misconception whenever a specific altcoin is listed on Binance, they thought that every coin listed on Binance are good and promising and they are not aware that there are also shit coins there. If you will choose an exchange make sure it is reliable and trusted like Binance but if you will look for a coin make sure that it is not a shitcoin and it has a good volume and liquidity. Those coins that the Binance delisting are probably the coins that doesn't have high daily volume and the liquidity is not good.
You're right, it all depends on project developer itself, If they able to compete with various other projects of course they can survive and their tokens will also remain strong on the large Exchange. I am sad to see the Lunyr project, I think at beginning this project very good and gained a lot of trust from investors, But now Binance will delisting their tokens, very sad.
ofcourse binance have their own reason why delisting lunyrs. binance team have good qualification to filtered which project will accept in binance or will delist from their exchanges. so if any project success listing on binance they should not be happy , they must continue developt their project well or will delist like previous project.
You're right. Listing in large Exchange can be a successful step of the project. However, if after listed on Exchange, the team doesn't work too hard to develop the project then the project is done. It is not wrong to say that coins listed on large Exchanges are more reliable and have better potential than coins listed on small ones. However, we still have to look carefully at a specific coin to make a decision. Don't invest in any coin just because it's listed on Binance.
Indeed, being listed in a good exchange doesnt mean you dont need to do anything for your project because it will surely get a high demand. It needs a progress to see that its active to give the investors the satisfaction on why they will going to invest. I dont have these coins but becoming delisted to a big exchange will have an impact to the project itself and might be the start to turn bad.
It is a pain in the ass for all small project that prioritise to list on binance rather than focus resources on project development and marketing. The monthly on binance is incredibly high that's why many small project that listed there are struggling to continue there listing. Binance is a dead end for project marketing and I believe most project that listed are slowly dying.
The best thing to do if ever you are holding a coin that delisted was to cut loss. The project will slowly die in the long run and holding it will be too risky.
The best thing to do if ever you are holding a coin that delisted was to cut loss. The project will slowly die in the long run and holding it will be too risky.
We have all seen and the fact that Binance is not a guarantee of success will in fact be a hell of a project failing, because the huge costs for listing, if you get blacklisted from binance it will make it worthless. Because of how much has been delisted from binance it ends up ashes
