The current situation for the founder of a leading exchange is like this—either establish an absolute advantage in market competition or be defeated by competitors. This all-or-nothing scenario reflects the intense level of competition in the cryptocurrency exchange sector. During the stage where top players are vying for market share, there is basically no middle ground—either dominate or exit.
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The current situation for the founder of a leading exchange is like this—either establish an absolute advantage in market competition or be defeated by competitors. This all-or-nothing scenario reflects the intense level of competition in the cryptocurrency exchange sector. During the stage where top players are vying for market share, there is basically no middle ground—either dominate or exit.