Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
If this is true then unpopular opinion: Binance strategy makes sense They became so big and influential they can't afford to have a predictable pattern, they need to mix it up, they need to keep people guessing... They also said they will be listing small community projects as… https://t.co/yTgfzhq6ah
Binance under fire for allegedly listing pump-and-dump memecoin schemes https://t.co/oMLp7Ng44n
#Binance has been lately listing meme & shitcoins with as low as $20M mcap. CT is calling it a "Monkey Business" But does it hold any insider news with it? Is Memecoin Season is incoming? Is Binance Labs cooking up something? Too many speculations, but hard to clear 🤷♂️
Binance, one of the largest cryptocurrency exchanges, is facing criticism for allegedly listing pump-and-dump memecoin schemes. Over the past nine months, there has been growing discontent regarding Binance's listing process, with concerns about the inclusion of meme and low-market-cap coins, some with as low as $20M mcap. Despite the backlash, some believe that Binance's strategy of listing smaller community projects and unpredictable patterns could be intentional to maintain its influence and keep users engaged. Speculations abound about whether this marks the beginning of a 'memecoin season' and if Binance Labs is planning something significant. Tier 1 CEXs are also getting involved in this trend.