Markets· ★★★· neutral·

Arthur Hayes says high-FDV tokens no longer pump on Binance

  • —Hayes: high-FDV, low-float tokens no longer pump on Binance listings
  • —VC presales shift risk onto retail buyers in the secondary market
  • —About 24.3% of year-10 supply, 4.4B FLOP, goes to a genesis airdrop
  • —Airdrop starts late October or early November 2026; mainnet planned for Q1 2027
Why it matters: If Hayes is right, buying the Binance listing stops working, and fair launches could become the new default for token distribution.
#BNB
Source: Crypto Briefing
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