Binance co-founder He Yi has clarified the exchange’s stance on the current memecoin movement.
Binance is experimenting with various initiatives, including memecoins, games on Telegram, and venture-backed infrastructure projects.
The main purpose of this research is to explore projects with lower Fully Diluted Valuation (FDV) and more decentralized token distribution, which Binance considers crucial to supporting healthy market participation.
Yi He emphasized that Binance is an exchange platform and will strive to provide a variety of tokens that the market needs. However, she also reminded that investing always involves risks. Therefore, investors should do their own research before deciding to buy or sell.
