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Jesse Pollak Rallies Against High CEX Listing Fees in Crypto

Jesse Pollak Rallies Against High CEX Listing Fees in Crypto

Hey there, meme token enthusiasts! If you've ever dreamed of getting your favorite coin listed on a big exchange only to hit a wall of outrageous fees, you're not alone. Jesse Pollak, the mind behind Base—a Layer 2 blockchain built on Ethereum by Coinbase—just dropped a bombshell on X that's got the whole crypto community buzzing.

In his post, Pollak threw down the gauntlet: "Raise your hand if you are ready to go to war against CEX listings that charge 2-9% of a token supply to be listed." For the uninitiated, CEX stands for Centralized Exchange—think platforms like Binance, Coinbase, or KuCoin where most crypto trading happens. These fees aren't pocket change; we're talking about handing over a massive chunk of your token's total supply just to get listed, which can dilute value and hurt community-driven projects like meme coins.

This isn't just idle chatter. Pollak's call to arms resonates deeply in the meme token space, where fair launches and community ownership are king. High listing fees can strangle emerging tokens before they even take off, forcing creators to allocate resources away from development or charity efforts.

Community Reactions Pour In

The responses were swift and enthusiastic, with over 1,700 likes and hundreds of replies in no time. Meme coin communities were quick to jump in, showing solidarity and a bit of their signature humor.

  • Ski Mask Dog (@Ski_CTO), a popular dog-themed meme on Base, chimed in with "can I raise a paw?"—a playful nod that highlights how even animal-inspired tokens are feeling the pinch.

  • The Boba Cat ($BOBA) crew went all in, aligning with Pollak's view and emphasizing their mission to support pet shelters. They argued that these fees undermine charitable goals and called for collaboration to push for equitable listing models. They even shared a fun visual of their mascot.

Boba Cat Society promotional image featuring a truck and cat mascot
  • American Coin (@USA_ON_CHAIN) rallied "Patriots?"—tapping into their patriotic theme to gather support.

  • One user from the Schismatic Shiba community declared "The war has begun" alongside a dynamic video of a blue fox warrior gearing up for battle, symbolizing the fighting spirit against these practices.

Not all replies were purely supportive, though. Some pointed fingers back at Coinbase, questioning their own listing fees and why certain fair-launched tokens like $KAS haven't made it onto the platform yet. Others joked about Coinbase's charges being even steeper, adding a layer of irony since Pollak is tied to the company.

Why This Matters for Meme Tokens

Meme tokens thrive on virality, community engagement, and accessibility. When CEXs demand 2-9% of supply—often worth millions— it creates barriers that favor well-funded projects over grassroots ones. This can lead to rug pulls, diluted supplies, and disillusioned holders. Pollak's stance could signal a shift toward more decentralized alternatives, like DEXs (Decentralized Exchanges) on chains like Base, where listings are cheaper and more transparent.

At Meme Insider, we're all about empowering blockchain practitioners with the latest insights. This discussion underscores the need for reform in how tokens get visibility. If major players like Pollak are calling it out, we might see pressure on CEXs to lower barriers, benefiting the entire ecosystem—especially meme coins that capture cultural moments without deep pockets.

What do you think? Are you raising your hand (or paw) to join the fight? Keep an eye on Base and similar platforms; they might just lead the charge toward a fairer crypto future.

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