2025-12-27 16:25:44

The Dilemma of Tokens Under the Wave of Compliance

Suppose a leading exchange initiates a divestment plan for an IPO, adjusting its ecosystem tokens to purely utility attributes while enabling the ecosystem public chain to operate independently. This combination seemingly can avoid sharp accusations from US regulators. The logic is clear: independent functional tokens face significantly reduced litigation risks, and once the public chain is independent, it gains more operational space in DeFi, RWA, and even next-generation applications.

But the market's real reaction is often more complex. The core concern of token holders is not whether the technology can be realized, but the loss of ecosystem attractiveness. When the commercial interests of the exchange diverge from the token value, the original expectations supporting the token price subtly shift. Decentralization promises often require time to verify, and investors' patience is being eroded by market cycles.

The answer to this issue may depend more on market sentiment than on fundamentals.

RWA1,9%

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.

15 Likes

Reward
15
6
Repost
Share

Comment

0/400

SerumSquirrel

· 13h ago

Basically, it's a new trick to harvest retail investors, secretly cutting the coin price expectations under the guise of compliance. The price of a coin relies heavily on sentiment; once the exchange leaves, the fundamentals are just air. Let's wait and see, a major crash is bound to happen sooner or later.

View OriginalReply0

Whale_Whisperer

· 13h ago

It's the same old rhetoric... Dissociation, independence, avoiding lawsuits—sounds lofty, but in the end, it's still the price of the coin that rules. This move is just betting on investors' amnesia. Do they really think we don't know how ruthless exchange "golden fingers" can be? Decentralized promises? I just want to see how a public chain that doesn't rely on a "dad" competes with other ecosystems. Time will tell, but market cycles have already worn out everyone's patience.

View OriginalReply0

SudoRm-RfWallet/

· 13h ago

It sounds like the same old trick of "compliance facade and speculative mindset," basically wanting to run after a pump and then bail out. Once the token is independent, the exchange can just ignore it? Do they really think retail investors are that easy to fool? Ultimately, the coin price still depends on who keeps throwing money in; fundamentals are just a way to fool the newbies. Wait, why does this logic sound so similar to the infamous coin scam from back then...

View OriginalReply0

MetaDreamer

· 13h ago

It's the same story again—evading regulation, operating independently... sounds good, but investors just want to see if the coin price can go up. Decentralization? Let's talk about that later. First, cash out my chips before discussing ideals.

View OriginalReply0

PaperHandsCriminal

· 13h ago

Another set of excuses like "Must cut for compliance"... Just listen, the coin price has long been invested.

View OriginalReply0

OnchainSniper

· 14h ago

It's the same "compliance script" again... Basically, exchanges want to go public, and retail investors are the bagholders. The price has already reflected everything, so don't talk about utility attributes. Just wait for the exit, everyone.

View OriginalReply0