Founder of Long.xyz: Approximately 10,000 new asset issuance projects have been added after the launch of the platform’s new Pre-IPO feature, and issuance restrictions will be continuously adjusted based on demand changes.
1 hours ago
Founder Nate of Long.xyz, a crypto and meme coin issuance platform linked to Robinhood, posted that after the platform launched its new Pre-IPO feature, it added roughly 10,000 new asset issuance projects. He estimated that without token code locking and client-side issuance limits, daily issuance could hit 100,000, which would leave the platform dominated by bots, making it difficult for regular users to sift through the flood of new assets, and potentially fuel FOMO trading, volume chasing, and inflated data. Long will continuously adjust issuance limits based on demand shifts, and plans to add asset discovery filters to help users screen projects using metrics such as whale holding ratios, asset tenure, and anti-fragility, while aggregating liquidity and capital flows into high-performing, unique assets within its ecosystem. The team is monitoring suspicious activity across all trading pairs; no major issues have been identified to date, but new risk control parameters are ready. If pump-and-dump activities are found to be coordinated manipulations rather than natural market moves, the team can swiftly activate relevant restriction measures.
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