According to Deep Tide TechFlow news, on December 18, Binance co-founder He Yi stated in X Spaces that most meme coins will ultimately go to zero, with only a few projects capable of long-term survival, but it is difficult to define which projects can persist. Binance has listed an observation list covering VC-backed projects, infrastructure projects, DeFi projects, and meme coins, but some cannot be listed due to token model issues or inflated data. To enhance transparency, Binance will place some observed projects into the Alpha zone of the Web3 wallet for user trading and filter high-quality projects with long-term potential.
He Yi mentioned that the expansion of Binance's user base quickly increases the market value of newly listed cryptocurrencies in the short term, but they may subsequently decline slowly. Although Binance attempts to suppress the coin price to a reasonable range before listing, this strategy has not been widely accepted. She also compared the cryptocurrency industry to traditional IPOs, pointing out that many projects lack a real user base, and on-chain data is often artificially inflated through methods like airdrops, leading to projects with viable business models being undervalued. She emphasized that only projects beneficial to society can achieve long-term profitability and give back results to users.