CoinEx Emerges as a Dark Horse in the 2024 Bull Market, Targeting Emerging Markets and Innovative Assets

HONG KONG, Dec. 23, 2024 (GLOBE NEWSWIRE) -- The year 2024 has been a milestone for the cryptocurrency industry. During this bull market, Bitcoin

CoinEx, a global cryptocurrency exchange, has emerged as a “dark horse” in the bull market of 2024, thanks to its unique strengths and strategies. Here's a closer look at CoinEx's rise and its impact on the crypto industry.

CoinEx's Strengths and StrategiesCoinEx's success in the bull market can be attributed to its distinct listing strategy, which emphasizes high-quality, early-stage assets. This approach aligns with the evolving market trends and caters to the increasing demand for diverse cryptocurrencies.

CoinEx's precise asset selection process, guided by a professional research team and a systematic approach to risk control, enables users to capitalize on emerging market opportunities. Many assets that CoinEx listed early on, such as $DOG and $PNUT, later became highly sought-after additions to major exchanges.

Moreover, CoinEx's early entry into emerging areas like DeFi, AI, and DePIN, using rigorous multidimensional analysis to identify assets with unique mechanisms and market potential, has further strengthened its competitive edge.

CoinEx also boasts a comprehensive presence in various ecosystems, including Runes, Meme, BRC-20, and CSC, offering users a wide range of assets to choose from. This strategy has attracted a substantial user base and contributed to the platform's overall growth.

CoinEx's Performance and ImpactCoinEx's strengths and strategies have propelled the exchange to remarkable achievements in the bull market of 2024. Some key metrics that highlight CoinEx's performance include:

CoinEx's strong presence in emerging markets, such as Southeast Asia, Europe, the Middle East, and Latin America, through refined localized operations, has also played a significant role in its rapid growth.

While giants like Binance and Coinbase continue to dominate mature markets, CoinEx has achieved rapid growth by focusing on emerging markets and innovative assets. This strategy has allowed CoinEx to carve out a unique position in the competitive exchange landscape.

CoinEx's ability to respond swiftly during the bull market has also allowed it to take early positions in multiple market trends, further solidifying its status as a dark horse in the exchange landscape.

ConclusionCoinEx's success in the bull market of 2024 is a testament to its strategic positioning, deep understanding of user needs, and ability to capitalize on emerging market opportunities.

As the crypto industry continues to evolve, platform tokens are once again becoming a focal point of market attention. Among them, CoinEx’s CET has stood out, showcasing its significant growth potential and sustainable development through a series of ecosystem empowerment initiatives.

From an external perspective, CET stands out as one of the most strategically planned and sustainable platform tokens in the cryptocurrency industry. CoinEx has established a transparent and efficient economic model, allocating 20% of its daily platform fee revenue for CET buybacks, with all repurchased tokens being burned at the end of each calendar month. This buyback-and-burn mechanism has been ongoing for six years (with CoinEx affirming that the burning will continue until CET reaches zero supply). To date, CET’s circulating supply has been reduced by 71%, demonstrating the platform's strong commitment to holder value and long-term ecosystem development.

The core advantages of this economic model lie in its sustainability and scarcity. Through continuous buybacks and burns, CET’s market supply steadily decreases, while demand rises due to the ongoing expansion of its ecosystem, creating a healthy supply-demand dynamic. In the current market environment, this strategy provides CET holders with stable growth expectations and reduces the negative impacts of market volatility.

In 2024, as the cryptocurrency industry continued its growth, platform tokens once again became a focal point of market attention. Among them, CoinEx’s CET stood out, showcasing its significant growth potential and sustainable development through a series of ecosystem empowerment initiatives.

CET’s performance not only reflects CoinEx’s strategic execution capabilities but also underscores the pivotal role of platform tokens in shaping the future dynamics of the crypto industry.

As of November 28, 2024, CET’s price reached $0.092204, marking a 241.6% increase compared to two years ago and achieving a historic high. This growth was fueled by the favorable bull market environment and bolstered by CoinEx’s strong ecosystem empowerment efforts.

CoinEx’s native token, CET, plays a pivotal role in the platform's ecosystem, demonstrating robust value potential through continuous ecosystem enhancements. Currently, CET is deeply integrated into several key business scenarios.

These include financial products offering passive income for users, AMM functionality providing trading fee rebates that increase the actual returns for token holders, and the newly launched Mining feature, which further enriches users’ asset growth opportunities.

Additionally, the highly anticipated Dock (Launchpad) feature is set to launch soon, enabling users to support quality projects using CET. These diverse application scenarios significantly enhance CET’s utility