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Binance continuously lists many MEME coins, has the listing standard of the exchange been lowered?
In the first 9 months of 2024, 1/4 of the projects listed by Binance were MEME coins. This list includes WIF, BOME, BANANA, DOGS, NEIRO, TURBO, BABYDOGE, CATY and HSMTR. Particularly, in just the last 3 months, Binance has listed up to 7 MEME coin projects.
This has led the user community to raise many doubts about Binance's listing standards. Many opinions suggest that Binance is "lowering the standard".
Some typical comments include: "I don't understand what Binance is doing?", "Why lower the standard like that?", "Binance is no different from a joke now", "Gary Gensler was right, let's shut down Binance", "Binance is broken, all MEME".
The statistics table below shows that most of the MEME coins listed on Binance for over a month have a current price lower than the listing price.
What does the Binance co-founder say about this?
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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