Firstly, Binance listened to community feedback and listed $Binance Life$, and also opened listing channels for $Hakimi$ and $Customer Service Xiao He$. This was unprecedented, and I believe it was a difficult decision for Binance itself. First times are always unfamiliar and exciting. Why isn't the short-term price looking good?
I think it's highly likely that many arbitrageurs had already accumulated positions, sold immediately after listing, and dumped large amounts of stock in the short term. This didn't originate from the Binance Life community itself, but rather from its own players and holders. We didn't sell for 300 million, 500 million, or even 100 million months—we weathered all that storm and didn't sell—just to earn a 30% profit?
So, in the short term, speculative capital has left, but don't forget this token:
1. The meme contains the words "Binance"; the last one with "Binance" in it was called Binance Coin.
2. The first Chinese meme to appear on the world stage—a first release.
3. I believe core contributors like Wang Xiaoer and Shenzhen University are still persistently building the token; the price around 100 million is definitely just the beginning.
Buy if you're bullish, sell if you're not.
I'm definitely holding it and waiting for the second wave.
