CZ: In the long run, the price of a coin should be determined by the development of the project, and listing should not be a price-driving factor

Odaily Planet Daily News Binance founder CZ posted on the social platform today, "In fact, listing a coin should not affect the price. Of course, listing a coin provides liquidity and allows for freer entry and exit. It may have an impact on the price in the short term (both up and down), but this should be very short-term." He further pointed out that in the long run, the price should be determined by the development of the project itself, and praised the DEX model "all coins are listed, and people choose for themselves", which reflects the advantages of the decentralized market.