Question: are eth-20 tokens valued only from listing on an exchange or do they receive their value based on trade and transfer between wallets when bought or sold for other currencies such as pairing FLEx to USDT?
In other words, do we need to list a token on an exchange to make it tradeable, or is it enough it was created and then traded through open exchanges such as LedgerDex?
I ask because I feel that token values are controlled by the few large exchanges, making the tokens more centralized that actual regulated currencies. In fact, it seems that tokens and coins are now heavily regulated even on a decentralized platform and only the big exchanges (that act like banks) taking hefty fees are controlling the value of tokens. I would not be surprised if there are bots that now manage trades in a similar fashion to the way the finex markets are controlled by bots these days.
As we know from the school economy, price is regulated by supply and demand. And this means that there is no fundamental difference in how the sale is made, for example, you can consider selling through the forum (with such a sale, the price will also be formed). The only question that remains is that centralized and simply large exchanges have instruments of influence. For example, they can make a commission in your pair of 0% for market makers. Or encourage the most active merchants in your pair. Of course, for a fee. Moreover, having large flows of money, they can redirect them to the right riverbed.Previously, they sent it to BTC / USDT, and now to the FLEx / USDT pair. Therefore, we can say that having won part of the market, they got the opportunity to engage in pricing. Playing against these guys is dangerous, because it is they who can draw coins inside the exchange, remember this.
