Tier-1 CEX listing meta is dead. For years, founders treated a Tier-1 exchange listing as the ultimate validation. In reality, it has often become an extraction event – giving up double-digit supply and millions in fees to market makers who dump on the community. @rainbowdotme is signaling a shift by bypassing centralized exchanges entirely with a DEX-only launch. Instead of paying a "liquidity tax" to CEXs, they are keeping the value on-chain. We are reaching a tipping point where on-chain liquidity is deep enough to support major launches without the middleman. https://x.com/rainbowdotme/status/2016514837598130515?s=20