• 34ºc, Sunny

Bloomberg: New tokens listed on major crypto exchanges in the first half of this year have exceeded last year's total

On July 18, according to Bloomberg, CCData analysis shows that the number of new tokens listed on major crypto exchanges in the first half of 2024 has exceeded the total for the whole of 2023. The number of tokens listed on exchanges with high trading volume, including Binance and Bybit, increased by 11.6% to 2,066, while the number of tokens listed on exchanges with low trading volume, including CoinJar and BTC Markets, increased by nearly 32% to 488. Cosmo Jiang, portfolio manager at Pantera Capital, expressed optimism that changes in the political and regulatory environments surrounding cryptocurrencies will drive positive changes, hoping that increased regulatory transparency will highlight tokens with strong fundamentals, while leaving Meme and those that lack real value behind.