TL;DR
- More than 94% of the tokens listed on Binance in 2024 and 2025 have lost between 17% and 97% of their value, affecting its credibility.
- Of the 27 tokens listed in 2025, only three recorded gains, while 13 fell by more than 50%, with an average loss of 44%.
- Binance launched “Vote to List” after criticism of its listing process, allowing the community to decide which projects should enter the exchange.
Market conditions have changed, and the impact of listings on Binance is no longer what it used to be. More than 94% of the tokens added to the platform in 2024 and 2025 have lost between 17% and 97% of their value. The data shows a widespread negative performance, unlike previous periods when getting listed on the exchange provided an immediate price boost.
An analysis revealed that of the 27 tokens listed in 2025, only three recorded gains, while 13 dropped by more than 50%. The average loss was 44%. In 2024, the situation was even worse, with an average decline of 54.6% and 12 tokens plunging more than 90% since their listing. BABYDOGE was the only exception, with a modest 8.9% gain.
The Problem with Listing Projects Without Solid Fundamentals
Analyst Dethective pointed out that these assets act as mere exit liquidity for projects without solid fundamentals. He questioned why the largest retail crypto platform is listing assets with no real value, which could affect new investors’ perception of the industry.
Although the crypto market in 2025 has shown a bearish trend, a comparative analysis with 2024 reveals that even in a bullish cycle, the vast majority of listings ended in losses. This pattern suggests that the decline of these tokens is not solely due to market conditions but also to specific factors related to the projects and the exchange’s selection process.
Binance Creates Unnecessary Fluctuations
Former Binance CEO Changpeng Zhao acknowledged in February that the listing mechanism had flaws. He noted that the time between the listing announcement and the token’s availability on the platform causes unnecessary price fluctuations. In response to these criticisms, the exchange launched the “Vote to List” initiative, allowing the community to choose which projects should be listed on the exchange.
The dynamics of Binance listings have changed, and the data shows that the expectation of an automatic price increase following a listing is no longer valid. The performance of tokens over the past year suggests that the credibility of Binance listings is in question, which could impact its influence in the market over the long term
