[He Yi: Even if Binance does not list new projects, market funds will be diverted to the entire industry] Golden Finance reported that in response to the problem that Binance has recently listed coins too frequently and sent large-cap VC projects to the market in batches, resulting in the inability of market liquidity to bear, Binance co-founder He Yi responded that the cryptocurrency circle is a free market, and the liquidity and trading volume of various trading platforms are shared. Even if Binance does not list new projects, these projects will still exist, and funds will be diverted to the entire industry. In addition to the unlocking of VC-invested projects, Meme coins, chain-based local dogs, wool-pulling, and capital disks will all be diverted. After the ETF is approved, the traditional financial market will also divert funds that flow directly to the cryptocurrency circle. She pointed out that some VCs do cause prices to be inflated, but VCs generally have a 7-year lock-up period, and the unlocking period is usually one year after the TGE, so many VCs are also going bankrupt. Project parties that have received large amounts of financing have more opportunities to cross the bubble cycle, but the coin price and governance model are determined by the project party and require in-depth analysis. He Yi also mentioned that the rise of Defi has increased market liquidity and freedom, making it more difficult for CEX to formulate rules, which is the charm of the free market in the cryptocurrency circle. She reminded everyone to do their own research (DYOR).