CoinEx’s Strategic
Evolution: A “
Dark Horse”
in the 2024 Crypto
Bull Market
CoinEx’s Strategic Evolution: A “Dark Horse” in the 2024 Crypto Bull Market
by Bitcoinist
1 hour ago
in Industry
0
The year 2024 has been a milestone for the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта industry. During
this bull market, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin reached new all-time highs, DeFi experienced a
resurgence, institutional investors returned with vigor, and user growth in
emerging markets soared. Amid this backdrop, CoinEx —a globalized
exchange—stood out as a “dark horse,” leveraging its unique “High-Quality,
High-Speed, High-Demand” token listing strategy to meet diverse trading needs
while carving a distinctive position in a competitive market.
Unique Strengths: Precision and Opportunity Exploration
CoinEx’s rise can be attributed to its distinct listing strategy. Guided by a
professional research team and a systematic approach to risk control and asset
selection, CoinEx enables users to seize early market opportunities. Often
seen as a “trendsetter for potential tokens,” many assets that CoinEx listed
early on later became popular additions to major exchanges.
Runes Ecosystem : In April 2024, CoinEx became one of the first exchanges to
support $DOG in the Runes ecosystem, months ahead of competitors like OKX,
allowing users to reap early rewards.
BRC-20 Boom : During the rise of BRC-20 tokens, CoinEx quickly listed $ORDI,
followed by $SATS and $RATS, offering users a wide array of choices.
Pre-Token Trading : CoinEx’s innovative Pre-Token Trading feature enables
users to trade tokens before their official generation (TGE), increasing
flexibility and capturing early-stage opportunities.
CoinEx has also delved into emerging areas like DeFi, AI, and DePIN, using
rigorous multidimensional analysis to identify assets with unique mechanisms
and market potential. By being the first to list popular tokens like $DOG and
$PNUT, as well as Meme, Runes, and BRC-20 tokens, CoinEx continues to offer
users attractive, stable opportunities.
Comprehensive Coverage: Diversity Meets Depth
CoinEx focuses not only on asset diversity but also on enhancing the user
experience through deep market integration.
Multi-Chain Support : Supporting over 70 PoW and 120 PoS chains, including
Ethereum, Solana, Runes, and BRC-20 protocols, CoinEx offers extensive asset
options.
Refined Tagging System : Asset categorization (e.g., Meme, DeFi, and public
chain subcategories) helps users quickly find relevant opportunities,
improving investment efficiency.
Integrated Features : Tools like grid trading, SWAP, and dollar-cost averaging
allow CoinEx users to seamlessly manage their investments, giving the platform
a competitive edge.
Ecosystem Empowerment: CET as the Core Role
CoinEx’s native token, CET , lies at the heart of its ecosystem.
From an external perspective, CET stands out as one of the most strategically
planned and sustainable platform tokens in the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта industry. CoinEx
has established a transparent and efficient economic model, allocating 20% of
its daily platform fee revenue for CET buybacks, with all repurchased tokens
being burned at the end of each calendar month. This buyback-and-burn
mechanism has been ongoing for six years (with CoinEx affirming that the
burning will continue until CET reaches zero supply). To date, CET’s
circulating supply has been reduced by 71%, demonstrating the platform’s
strong commitment to holder value and long-term ecosystem development.
The core advantages of this economic model lie in its sustainability and
scarcity. Through continuous buybacks and burns, CET’s market supply steadily
decreases, while demand rises due to the ongoing expansion of its ecosystem,
creating a healthy supply-demand dynamic. In the current market environment,
this strategy provides CET holders with stable growth expectations and reduces
the negative impacts of market volatility.
In 2024, as the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта industry continued its growth, platform tokens
once again became a focal point of market attention. Among them, CoinEx’s CET
stood out, showcasing its significant growth potential and sustainable
development through a series of ecosystem empowerment initiatives. CET’s
performance not only reflects CoinEx’s strategic execution capabilities but
also underscores the pivotal role of platform tokens in shaping the future
dynamics of the crypto industry.
As of November 28, 2024, CET’s price reached $0.092204, marking a 241.6%
increase compared to two years ago and achieving a historic high. This growth
was fueled by the favorable bull market environment and bolstered by CoinEx’s
strong ecosystem empowerment efforts.
CET, as the core utility token of the CoinEx ecosystem, demonstrates robust
value potential through its ongoing ecosystem enhancements. Currently, CET is
deeply integrated into several key business• Экономика » Бизнес scenarios: financial products
offering passive income for users, AMM functionality providing trading fee
rebates that increase the actual returns for token holders, and the newly
launched Mining feature, which further enriches users’ asset growth
opportunities. Additionally, the highly anticipated Dock (Launchpad) feature
is set to launch soon, enabling users to support quality projects using CET.
These diverse application scenarios significantly enhance CET’s utility and
real-world demand, bolstering holders’ asset returns while reinforcing CET’s
role as a cornerstone of the CoinEx ecosystem. This exemplifies CoinEx’s
long-term commitment to ecosystem development and user experience
optimization.
Notably, CET’s utility extends beyond the CoinEx exchange itself. With the
expansion of the CoinEx Smart Chain (CSC) ecosystem, CET provides developers
with a decentralized, cost-effective development environment. This
cross-platform• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Программирование » Программное обеспечение » Кроссплатформенное программное обеспечение
• Информационные технологии » Информатика » Программирование » Программное обеспечение » Кроссплатформенное программное обеспечение
• Высокие технологии » Информационные технологии и телекоммуникации » Программирование » Программное обеспечение » Кроссплатформенное программное обеспечение ecosystem connectivity not only adds more potential for CET’s
long-term value but also strengthens CoinEx’s competitiveness in the
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта industry.
From an industry perspective, CET’s growth trajectory reflects the core logic
of platform tokens: the broader the application scenarios, the higher the
token’s actual demand and market recognition. CoinEx’s efforts to empower CET
align with this logic, ensuring its market value continues to rise steadily
through expanded use cases and ecosystem optimization. Particularly in a
highly competitive market environment, CoinEx has demonstrated remarkable
strategic foresight and execution capabilities.
According to reports, the CoinEx team has made it clear that they will
continue to strengthen CET empowerment efforts in the future.
CoinEx’s Emergence as a Dark Horse: A Comparison with Other Exchanges
In the bull market, giants like Binance and Coinbase continue to dominate
mature markets, but CoinEx has achieved rapid growth by focusing on emerging
markets and innovative assets.
Regional Focus :
As a global exchange, CoinEx has unlocked significant growth potential in
emerging markets such as Southeast Asia, Europe, the Middle East, and Latin
America through refined localized operations. These regions are often
overlooked or underdeveloped by industry leaders, but CoinEx has keenly seized
the opportunity, successfully capturing these markets.
Support for Innovative Assets :
Unlike the “wide-net” strategies employed by more established exchanges,
CoinEx specializes in high-quality and early-stage innovative projects. Its
strong presence in ecosystems like Runes and BRC-20 has particularly stood
out, attracting a substantial user base.
Flexibility and Agility :
CoinEx’s ability to respond swiftly during the bull market has allowed it to
take early positions in multiple market trends, further solidifying its status
as a dark horse in the exchange landscape.
CoinEx’s Performance: The Growth Trajectory of a Dark Horse
In 2024, CoinEx validated its success in the bull market with impressive
metrics:
Supports 1,200+ trading tokens and offers 1,800+ trading markets.
Exceeded 10 million global registered users with a community size of over
2,000+.
Provides services in 18 languages and reaches users in over 200 countries and
regions.
These accomplishments demonstrate CoinEx’s comprehensive strength in user
coverage, asset support, and ecosystem development.
Conclusion: An Emerging Force in the Bull Market
CoinEx’s success stems not only from its precise strategic positioning but
also from its deep understanding of user needs and market trends. As the “dark
horse” of the 2024 bull market, CoinEx has carved out a unique position in a
competitive landscape through its “High-Quality, High-Speed, High-Demand”
asset listing style. Its agile operational strategy allows the platform to
respond rapidly to market changes, capitalize on industry trends, and create
distinct advantages beyond the reach of larger competitors.
CoinEx’s efforts to optimize user experience, deepen its global presence, and
employ flexible operational strategies have further solidified its competitive
edge in the crypto industry.
Its native token, CET, plays a pivotal role in the platform’s ecosystem by
offering diverse application scenarios and ecosystem empowerment. CET’s
buyback-and-burn mechanism and extensive use in the CoinEx Smart Chain (CSC)
have not only strengthened user confidence but also boosted the platform’s
ecosystem vitality.
In any industry, focusing on users, capturing trends, and maintaining
flexibility are key to breaking through in markets dominated by giants.
Whether CoinEx can continue to consolidate its market position remains a
question of interest, but its trajectory offers valuable insights for the
future.
Image by Gerd Altmann from Pixabay