Wu Blockchain (@WuBlockchain): Memento Research analyst Ash said that a data-mining review of Binance listings suggests token allocations for new listings rarely exceed 5% of total…
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Memento Research analyst Ash said that a data-mining review of Binance listings suggests token allocations for new listings rarely exceed 5% of total supply. Large, high-FDV projects typically allocate less than 1%, while mid-sized projects allocate more, mainly for user incentives and liquidity support. Ash noted that these token allocations paid to CEXs effectively flow back to users and ecosystem programs.