{"id":659567,"date":"2025-03-30T11:00:22","date_gmt":"2025-03-30T08:00:22","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/listing-an-altcoin-traps-exchanges-on-forever-hamster-wheel-river-ceo\/"},"modified":"2025-03-30T11:00:22","modified_gmt":"2025-03-30T08:00:22","slug":"listing-an-altcoin-traps-exchanges-on-forever-hamster-wheel-river-ceo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/listing-an-altcoin-traps-exchanges-on-forever-hamster-wheel-river-ceo\/","title":{"rendered":"Listing an altcoin traps exchanges on &#039;forever hamster wheel&#039; \u2014 River CEO"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NWU0NWUtODE2Yy03ZDExLWFiOGUtMjJlNTFiY2Q4OTcx.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>River Financial CEO Alex Leishman argues that once an exchange lists ETH and SOL, it \u201cmakes no sense\u201d not to list related crypto tokens from their ecosystems.<\/p>\n<p><p>When a cryptocurrency exchange lists its first altcoin, it sets itself up for an endless cycle of launching memecoins, warns a Bitcoin-only institution executive.<\/p>\n<p>\u201cThe minute an exchange adds one non-Bitcoin token, they are signing up to be on the forever hamster wheel of memecoins,\u201d River Financial CEO Alex Leishman <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/Leishman\/status\/1906072961984950692\" rel=\"null\" target=\"null\" title=\"null\">said<\/a> in a March 29 X post. \u201cIt makes no sense to list ETH if you don\u2019t list the tokens issued on ETH, and the same goes for Solana,\u201d Leishman said. <\/p>\n<p>Leishman said while there are many \u201csuccessful crypto casinos,\u201d he has no interest in building one. River Financial is a Bitcoin-only financial institution focusing on buying and selling Bitcoin (BTC).\u00a0 Several companies have opted for the Bitcoin-only <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach, including Swan Bitcoin, Bull Bitcoin, and decentralized exchange Bisq.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/altcoin-listing-sets-off-hamster-wheel-memecoin-listings-river-financial-ceo?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>River Financial CEO Alex Leishman argues that once an exchange lists ETH and SOL, it \u201cmakes no sense\u201d not to list related crypto tokens from their ecosystems. When a cryptocurrency exchange lists its first altcoin, it sets itself up for an endless cycle of launching memecoins, warns a Bitcoin-only institution executive. \u201cThe minute an exchange&#8230;<\/p>\n","protected":false},"author":1,"featured_media":659568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-03\/0195e45e-816c-7d11-ab8e-22e51bcd8971","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74863,74860,74355],"class_list":["post-659567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-adoption"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=659567"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659567\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/659568"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=659567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=659567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=659567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}