The "launch-at-peak" scenario repeats, with the second-ranked whale in the bull market calling on Binance's management team to slow down its token listing pace.

Crypto KOL Qwerty today addressed Binance’s management team in Chinese on X, urging the exchange to slow down its token listing pace. He stated, “New Alpha projects are listed almost every day now, and around 75% of these Alpha projects eventually make their way to Binance’s derivatives or spot markets. As the listing pace accelerates, the scarcity, credibility, and value that once defined Binance’s listings are gradually being eroded. I sincerely hope Binance can appropriately slow down its listing speed, focus more on the authenticity of projects and communities, and reserve opportunities for projects that truly have real culture, real users, strong communities, and are truly worthy of Binance’s recognition.” Notably, Qwerty, a top KOL on the FOMO platform, was just followed by Binance co-founder He Yi on September 5. Additionally, he is the second-largest individual whale holder of “Niu Lai,” a token Binance listed on its spot market yesterday. Recently, Binance launched spot trading for MarsCoin and Niu Lai, but both tokens have underperformed since their listings. MarsCoin’s price even halved within four days of its spot listing.