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Cryptocurrency News Articles
CoinEx Emerges as a Dark Horse in the 2024 Bull Market with Its Unique Token Listing Strategy
Dec 03, 2024 at 02:28 am
The year 2024 has been a milestone for the cryptocurrency industry. During this bull market, Bitcoin reached new all-time highs, DeFi experienced a resurgence, institutional investors returned with vigor, and user growth in emerging markets soared.
2024 has been a milestone year for the cryptocurrency industry. Bitcoin reached new all-time highs, DeFi experienced a resurgence, institutional investors returned with vigor, and user growth in emerging markets soared.
Amid this backdrop, one exchange stood out as a “dark horse,” leveraging its unique “High-Quality, High-Speed, High-Demand” token listing strategy to meet diverse trading needs while carving a distinctive position in a competitive market.
Enter CoinEx.
Unique Strengths: Precision and Opportunity Exploration
CoinEx’s rise can be attributed to its distinct listing strategy. Guided by a professional research team and a systematic approach to risk control and asset selection, CoinEx enables users to seize early market opportunities. Often seen as a “trendsetter for potential tokens,” many assets that CoinEx listed early on later became popular additions to major exchanges.
CoinEx has also delved into emerging areas like DeFi, AI, and DePIN, using rigorous multidimensional analysis to identify assets with unique mechanisms and market potential. By being the first to list popular tokens like $DOG and $PNUT, as well as Meme, Runes, and BRC-20 tokens, CoinEx continues to offer users attractive, stable opportunities.
Comprehensive Coverage: Diversity Meets Depth
CoinEx focuses not only on asset diversity but also on enhancing the user experience through deep market integration.
Ecosystem Empowerment: CET as the Core Role
CoinEx’s native token, CET, lies at the heart of its ecosystem.
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.
CET, the core utility token of the CoinEx ecosystem, demonstrates robust value potential through its ongoing ecosystem enhancements. Currently, CET is deeply integrated into several key business scenarios: 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 and real-world demand, bolstering holders’ asset returns while reinforcing CET’s role as a cornerstone of the CoinEx ecosystem. This exemplifies CoinEx’s long-term commitment to ecosystem development and user experience optimization.
Notably, CET’s utility extends beyond the CoinEx exchange itself. With the expansion of the CoinEx Smart Chain (CSC) ecosystem, CET provides developers with a decentralized, cost-effective development environment. This cross-platform ecosystem connectivity not only adds more potential for CET’s long-term value but also strengthens CoinEx’s competitiveness in the cryptocurrency industry.
From an industry perspective, CET’s growth trajectory reflects the core logic of platform tokens: the broader the application scenarios, the higher the token’s actual demand and market recognition. CoinEx’s efforts to empower CET align with this logic, ensuring its market value continues to rise steadily through expanded use cases and ecosystem optimization. Particularly in a highly competitive market environment, CoinEx has demonstrated remarkable strategic foresight and execution capabilities.
According to reports, the CoinEx team has made it clear that they will continue to strengthen CET empowerment efforts in the future.
CoinEx’s Emergence as a
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