The fact that their team was actively trying to justify the binance launchpool allocation + a soft spot listing disguised as premarket was more damaging for the project. At this point, It's safe to say that only Arbitrum have the fairest distribution and almost all of their users were happy with the distribution. It's a different ball game now though because you have to give something in return in order to get a tier-1 listing (aka binance launchpool) otherwise, you'd be stuck with the likes of Bybit and Gate.