LBank Eric He: Value investing is a regression of the industry, and high valuations are, to some extent, arrogance and prejudice

According to official news, LBank teamed up with a number of leading Chinese media to hold an X Space with the theme of "Leverage Fulcrum in the Crypto World: Unlocking LBank's Highlight Moments in 2024" and gradually entered the climax of the discussion. In Space, LBank Community Angel Officer and Risk Control Consultant Eric He said: LBank does not pursue becoming the largest platform in the market, but pays more attention to providing users with interesting experiences and innovative services, so that every user can be on the platform. get value. We have always believed that making money standing up is the sustainable path - that is, through innovation, transparency and long-term value accumulation, rather than relying solely on short-term market fluctuations. Only when the wealth creation effect is significant will external funds pour in. Otherwise, the bull market will be a short-lived castle in the air. Return to the original intention, let more users experience the sudden wealth effect, and grow wildly in the bubble. Data show that according to the 0xScope data report, LBank’s spot market share has increased to 3.04%, ranking 12th in the world. Currently, LBank has more than 15 million registered users, and the average daily trading volume of spot and derivatives reaches 2.7 billion and 67 billion US dollars respectively. 853 new assets were launched throughout the year, 43% of which are Meme assets, including star projects such as GOAT and MOODENG. At the same time, LBank continues to enhance its brand influence through global activities and compliance promotion, and through product upgrades, it avoids potential losses of US$1.2 billion and continues to protect user interests.