Decentralized exchanges are undervalued and gaining traction, with volumes reaching all-time highs.
These are the findings of Messari researcher Kunal Goel who said that centralized exchanges (CEXs) are listing tokens too late in a post on X on Aug. 13.
He added that they’re becoming a “dumping ground for VCs,” and retail will learn sooner or later stop participating in this dynamic.
DEXs give retail traders a better chance to buy new tokens as they’re listed early, he said.
DEXs are being slept on.
CEXs are listing coins too late and they‘re becoming dumping ground for VCs. Retail will learn sooner or later and stop participating in this dynamic.
DEXs on the other hand list coins early – this gives retail a chance to buy.
