If you don't sell it, just take it down.

He Yi: Most Memes will go to zero, Binance will place hundreds of hot projects in the Binance Alpha observation zone

On December 18, Binance co-founder He Yi stated in X Spaces that a few Memes will survive, but most Memes will go to zero. Whether it's VC coins or Memes, we have a list of hundreds of hot projects, but some projects have issues with their token economic models, and some platform data may be inflated. For these projects, during the ongoing observation process, we have also heard some rumors about insider trading. Therefore, we will place these hot projects in the Binance Alpha (observation zone). Projects entering the observation zone are not guaranteed to be listed on Binance. A project can only generate revenue and profits when it is beneficial to society, and only then might it share profits with users.
Personal Summary: Since October, the new coins listed, except for pnut and act which can barely pass, all the other listed coins are trash, including the penguin from last night, which came in with a waterfall, probably to rush the volume to meet targets by the end of the year. In Dao Ge's eyes, memes are always the best, doge, pepe, shib, including the recently ambushed Elon Musk's puppies, all remain highly popular, with over 16,000 people on the Ethereum chain, and the community is very strong.