Bitwise analyst: Questions remain about the rights and benefits of ICO platform token holders on a certain exchange
According to Jinse Finance, Bitwise research analyst Danny Nelson posted on X, stating that an exchange's ICO platform has "solved" many of the common participation barriers in token issuance. The platform has also added parameters to curb short-term speculators. However, regarding the more fundamental issue faced by tokens—namely, how to ensure these assets grant holders corresponding rights and returns—the platform has done little to address it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Dollar bulls seem hesitant below one-month top before Aussie CPI, FOMC meeting
Just about three months after listing, two SK Hynix leveraged ETFs are set to be delisted in the United States.
Tradr ETFs announced that its two leveraged products linked to SK Hynix ADRs will be liquidated and delisted around November 12, with one being long and the other short. Despite only being listed for a few months, their combined scale has shrunk to about $1.3 million, down more than 60% from their peak. SK Hynix's Seoul stock price has fallen 56% from its high, similar products in the industry are generally under pressure, and South Korea has also further tightened regulations on leveraged products.
WTI Price Forecast: Slides further below $100.50; bullish potential seems intact
Crypto prices
More
