Cryptocurrency researcher: In the past six months, the average FDV of newly listed top CEX projects reached 4.2 billion USD, with over 80% continuing to decline after listing

ChainCatcher news, crypto researcher @tradetheflow_ posted on his social platform that in the past six months, the average FDV of newly listed projects on top CEXs (such as Binance) reached $4.2 billion, with some projects' FDV even exceeding $11 billion, while over 80% of these projects have continued to decline after listing. The researcher further pointed out that top CEXs take advantage of retail investors' inability to access quality early investment opportunities, and their listings are merely to provide exit liquidity for insiders.