How to Respond to "Guide the Wind to Meme": Binance will provide as many tokens as the market needs, investors DYOR before buying or selling.
Binance Co-founder He Yi Responds to "Meme Hype": "We Provide Diverse Tokens, Invest at Your Own Risk"
PANews reported on September 16th that Binance co-founder He Yi responded to a query about "steering the hype towards meme coins" on a Telegram channel. She stated that Binance has no intention of directing hype towards meme coins, adding that the current market can be roughly categorized into three types of projects:
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TG mini-games: These offer quick profits.
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Numerous infrastructure projects waiting to release tokens: These are mostly high-valued CV (crypto venture) coins.
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Meme coins: These are the only projects currently receiving significant attention. Binance previously followed the trend of the large Neiro, but the community expressed concerns about the meme coin becoming dominated by whales. Therefore, Binance spent some time exploring projects with relatively low market cap and distributed token holdings as a trial.
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Binance remains vigilant regarding other types of projects. If you believe there are particularly good tokens worth recommending, feel free to do so.
Binance is a trading platform that strives to provide diverse tokens meeting market demand. However, investing involves risk, and it is recommended to DYOR (do your own research) before buying or selling.
