Post
Topic
Board Gambling
Re: 🎲BetFury.io|🔥BFG is listed on CoinGecko|⚡️Free BTC+BNB|🐒 ApeSwap partnership
by
dwyane36
on 24/09/2021, 20:55:16 UTC
While I understand the concerns and there is some truth in it: listing it on binance will probably first give a huge pump followed by a dump but I don't think it will crash to 0. They will not put so much effort in listing the tokens if they think this will the case. There will probably build in some mechanism or other stuff to prevent this and to make sure that the staking remains interesting.
I also doubt that the token price will drop to 0 after that. However, their staking wouldn't be interesting if the token has huge volatility after listing on such an exchange.

Kucoin is not a small exchange they are top 5 exchange base on coinmarketcap so we can already call them a big exchange
I put it wrong. Of course, Kucoin is a big exchange, considering that they also have huge trading volumes. I just meant that this exchange is smaller compared to Binance.