The former Binance CEO was surprised by the listing of TST and said he has no idea why the exchange made that decision
The token’s price soared to $0.53 but then crashed by half
Zhao pointed out that the listing process is “broken”—Binance announces a listing, and within 4 hours, the token is already trading. During this time, prices skyrocket on DEXs and then collapse on CEXs
Binance needs a new listing strategy!