2026-01-19 22:37:04

Users are being driven by interface design rather than by理念. The migration costs between exchanges are extremely high unless the利益诱惑 is sufficiently large. Before the rise of leading exchanges, the market already had various platforms. But when a leading exchange officially launches, each new币种发行 becomes a grand event. Tokens listed on the first day often see a 10x to 50x increase. Such opportunities are right in front of everyone, naturally attracting all to rush to open accounts just to seize the first-mover advantage. This reflects how deep the market's desire for liquidity and early opportunities is.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

NotFinancialAdvice

· 15h ago

Basically, it's a game of chasing gains and selling losses. Who cares about any principles?

View OriginalReply0

ShibaSunglasses

· 15h ago

Basically, it's greed. Who still truly believes in any principles? --- Leading exchanges are just riding the traffic bonus. A new coin 50x on the first day? Dreaming or is it real? --- Migration costs are negligible. If there's real money to be made, who wouldn't leave? Still relying on a good UI to trap users? --- This analysis is a bit off. The market isn't craving liquidity; it's clearly addicted to the secret of wealth. --- 10x, 50x gains... Listen to this, another new trick to harvest retail investors. --- "Craving liquidity"? You mean FOMO, right? Don't dress greed in sheep's clothing. --- Exchanges really think they can trap people just by having a good interface? Are we all this superficial?

View OriginalReply0

HorizonHunter

· 15h ago

To be honest, today's exchanges are all about playing the interface and traffic game. The one with more tokens wins... I also caught the wave of listing the first tokens, which indeed brought huge profits, but only a few people managed to copy it. I have a deep understanding of the costs involved in migrating exchanges. Switching platforms requires re-verification and relearning how to operate, it's so annoying. This market is just like that; in front of利益, principles take a back seat.

View OriginalReply0

DaoGovernanceOfficer

· 16h ago

ngl this is just network effects wrapped in ux design language. the data clearly shows it's not about ideology—it's pure liquidity arbitrage tbh. switching costs as a governance mechanism? that's the real story here, not the shiny interface. 🤔 anyway, empirically speaking, that 10-50x pump is just irrational fomo in action.

Reply0