Nothing: Binance Has No Intention of Leading the Trend Towards Memes
Article is form followin
September 16, 2024
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Binance co-founder Yi He said on Telegram on September 16 that "Binance does not intend to steer the market towards meme coins. There are currently roughly three types of projects in the market:
- Telegram mini-games, with many tokens to be earned;
- Many infrastructure projects waiting to issue tokens, all high-valuation CV tokens;
- Only meme coins have remaining heat in the market. Before, we did follow the trend with NEIRO. Community feedback indicated that meme coins were being manipulated by whales, so we spent some time finding projects with relatively low market caps and distributed token holdings to test the waters;
- We are also keeping an eye on other types of projects. If you have any coins that you think are particularly good, feel free to recommend them.
"But Binance is a trading platform and will strive to provide as many tokens as the market needs. However, investment comes with risks. We hope you will do your own research (DYOR) before buying or selling."
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