On September 16, Binance co-founder Yi He responded to claims of "guiding the market towards Meme coins" on Telegram. She stated that Binance has no intention of influencing the market in that direction. She went on to categorize the current market trends into three types of projects:

1. Telegram mini-games with high rewards.

2. A large number of infrastructure projects waiting to launch their tokens, all of which are highly valued CV coins.

3. Meme coins are the only remaining projects with significant interest. Binance previously followed the trend of the popular Neiro project but noticed community feedback about meme coins becoming overly manipulated. Therefore, they spent time looking for lower market cap, more decentralized projects to test the waters.

4. Binance will continue observing other types of projects, and welcomes recommendations from the community if they believe there are promising tokens worth exploring.

Binance is an exchange platform committed to offering a wide range of tokens that meet market demand. However, investing carries risks, and Binance encourages users to conduct thorough research (DYOR) before making any purchase or sale decisions.