Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Binance is one of the largest marketplaces in cryptocurency at the moment and is in the top 1 position on the coinmarketcap with a daily volume of up to $ 64B. So it is only natural that if an altcoin has listed on the Binance exchange market then it is likely to have the potential to rise and develop well.and its popularity has really helped altcoins to rise in the current altcoin session.
Probably the largest if we based on the ranking we can see in CMC. Their dominance is unquestionable as we can see in
https://coinmarketcap.com/rankings/exchanges/.
The listing fee is expensive, but once a project is listed in Binance, people will not bother making deep research regarding the project as they trust the approval of the Binance research team before the project is officially trading in their exchange.