Qwerty urges Binance to slow listings as 75% of Alpha projects reach markets

  • Qwerty urged Binance management to reduce the pace of token listings.
  • 75% of Alpha projects eventually enter futures or spot markets, Qwerty said.
  • Qwerty gained He Yi’s attention on Sept. 5 and holds substantial Niulai holdings.

Crypto KOL Qwerty has urged Binance management to slow its listing pace, arguing that the exchange’s listing scarcity and credibility are being diluted as new Alpha projects appear almost daily. He said about 75% of these projects eventually enter futures or spot markets and called for greater emphasis on authentic projects, users and communities. Qwerty received a follow from Binance co-founder He Yi on Sept. 5 and is the second-largest individual whale holding Niulai, which Binance listed alongside MarsCoin for spot trading the previous day. Both tokens performed poorly after listing, with MarsCoin losing half its value within four days.

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