Exchanges· ★★· neutral·

Crypto Banter founder: social trading apps will replace exchanges like Binance

  • —Neuner says exchanges will be replaced by social trading apps with trade feeds and copy-trading
  • —Hyperliquid, FOMO and Pump.fun earned $55.2M, $32.7M and $32.4M in the 30 days to Sept 27
  • —SEC granted a five-year conditional exemption on Sept 17 for on-chain trading of tokenized US stocks with full shareholder rights
  • —Robinhood and eToro previously limited social trading by US market hours and KYC requirements
Why it matters: If tokenized stocks move to round-the-clock on-chain trading, social trading apps could capture part of CEX retail volume.
#HYPE#PUMP
Source: TokenPost
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