The number of tokens will increase by orders of magnitude this cycle.

Listing doesn't scale. You have to index.

Yahoo! Directory vs. Google

https://x.com/jconorgrogan/status/1882833028113903996

“We need to rethink our listing process” 👀

We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating each one by one is no longer feasible. And regulators need to understand that applying for approval for each one is…

Brian Armstrong

“We need to rethink our listing process” 👀 

https://x.com/brian_armstrong/status/1883329603239899346?s=46

Now when DEXed are cheap enough, centralised exchanges will never be able to compete with them except for institutional order flow.