Bloomberg: The total number of new tokens listed on major cryptocurrency exchanges in the first half of this year has exceeded the total for last year

PANews reported on July 18th that according to analysis by CCData, the number of new tokens listed on major cryptocurrency exchanges in the first half of 2024 has exceeded the total for the entire year of 2023. The number of tokens listed on exchanges with large trading volumes such as Binance and Bybit increased by 11.6% to reach 2,066, while the number of tokens listed on exchanges with smaller trading volumes like CoinJar and BTC Markets increased by nearly 32% to reach 488. Cosmo Jiang, portfolio manager at Pantera Capital, expressed optimism about this trend, believing that changes in the political and regulatory environment surrounding cryptocurrencies will drive positive developments. He hopes that improved regulatory transparency will highlight tokens with strong fundamentals while causing meme coins and those lacking real value to lag behind.