Binance Dey Dominate 2025 New Token Listings Wit $133B Volume
Binance don still dey dominate new token listings for 2025, na so CryptoQuant data talk. Dem don handle $133 billion for spot trading volume for new listings, wey be 34% market share. For the last one month, Binance daily volume reach $1.1 billion peak, e show say liquidity na deep. Competitors like HTX, Bybit and MEXC don process $38 billion, $35 billion and $34 billion respectively, with daily shares of 22% and 15% for HTX and MEXC. CryptoQuant track exchanges wey list between 19 and 31 tokens this year, including meme-driven assets like COOKIE and 1000CHEEMS. These memecoins show both retail appetite and high risk for volatile markets. Binance first-mover advantage make am be the go-to platform for traders wey dey find early access, but as competition dey grow, liquidity pattern fit change. As more projects dey launch, exchanges go put more work to attract order flow. Traders suppose dey monitor changes for spot trading volume and market share so dem fit identify new liquidity hubs.
Neutral
Dis report na tok about exchange level metrics like volume and market share, no be direct price driver dem dey talk. Binance dey lead for new token listing, e show say e get strong liquidity and e be first to move, but competition wey come from HTX, Bybit and MEXC dey balance the matter. Past data about exchange transaction volume no really get direct big impact on di overall market direction, na just indicate where trading dey concentrate. For short term, traders fit dey move orders go platform wey get more listing action, but price movement bigger than that go depend on token fundamentals and bigger macro condition. For long term, if liquidity spread for many places, e fit help make stable trading system, but e no fit change market feeling sharply.