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OKX is forcing users to vote on listings of various meme tokens. Pepe, Bonk, Bone: but is it fair?
OKX, an exchange with one of the world's highest trading volumes, has opened a user vote that is sure to spark controversy, both because of the way it is conducted and because it concerns cryptocurrencies, which for many are a source of financial danger to anyone who buys them. The cryptocurrency exchange has actually encouraged its users to vote for the next meme token to be listed, choosing from projects that in recent days and weeks have been both among the most bullish and among the most discussed on social media.
Users will be able to vote between Bonk, Pepe, Bone, AIDOGE, and OPTI, projects that most of the crypto community considers nothing more than meaningless speculation. A vote that rekindles an old, very old argument about the role of market overseers on exchanges. A vote that, as is often the case in the cryptocurrency world, will sharply divide the community into two camps.
How to vote?
You can deposit the tokens themselves into your OKX account. The three tokens with the highest deposits will be selected for inclusion. Priority will be given to those that receive individual deposits from at least 5,000 users. According to the exchange, the three winners will be listed as soon as possible.
The role of exchanges: shithcoin casinos
Exchanges, at least in the more fundamentalist circles of the cryptocurrency world, have always been seen as casinos that can put anything they want up for sale for a commission. The vote called by OKX would seem to speak in favor of those who support this reading of the role of exchanges.
Others, however, believe that exchanges, as organizers of exchanges, should not have any ethical problems in listing a project.
Wave of meme tokens
The good momentum for meme tokens continues, despite a generally bad market phase for the rest of the crypto world.
Many are trying to read into this a completely irrational moment in the market, foreshadowing further problems. However, the truth is that such cycles occur periodically with little impact on the markets. The worry, at least for the moment, seems a bit excessive.
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