🔥 Yi He (Binance co-founder), spoke up about the recent listing of a series of Memecoins despite the fact that the volume is not realistic at all
She affirmed that Binance has no intention of orienting the market towards the MEME trend. And the market currently has the following main types of projects:
1. Mini games on Telegram, where many people can earn tokens.
2. Infrastructure projects, many coin issuance projects, all of which are coins with high market value (CV).
3. Memecoin, which is currently attracting a lot of attention from the community. Community feedback suggests that meme projects are manipulated, so Binance is testing projects with lower m.cap ($NEIRO lists Binance when cap ~20M)
4. Other types of projects are also being monitored by Binance
In general, reasonable conditions are having a trading volume + capitalization of 20 million $ or more to be considered for listing on Binance. More specifically, new projects that can attract new users will be promoted by Binance.