#HeYi , co-founder of #Binance , addresses concerns within the crypto community about the state of the market and Binance's direction. She emphasizes that while early crypto investments offered high returns, the market is now more stable, especially with institutional players and the approval of #BTC and #ETHETFS . @Binance has evolved beyond trading, offering services like Earn, Pay, and Web3 Wallets to make blockchain accessible to everyday users. She acknowledges user criticism, particularly around the listing of MEME coins, stating that Binance listens to user feedback and aims to list projects with solid business logic. Despite challenges, @Yi He encourages entrepreneurs to continue building for the future.
Recent Questions and Concerns:
- Memecoins Listing: There have been questions around Binance listing MEME coins, which wasn't part of its original intentions, raising concerns among users.
- Whale Activity: A notable user, *pepewhale69.eth*, who has a 70% win rate, bought $NEIRO seven days before its Binance listing and recently bought $150k worth of $Vista. This has raised suspicions about whether the whale is an insider or just lucky.
- Market Manipulation Allegations: There's controversy surrounding Binance's listing of $NEIRO on futures, followed by an announcement of a spot listing. After a dump in $Neiro's price, Binance's marketing partner, Wintermute_t, bought 117 ETH worth of dumped tokens. This sequence of events has led to accusations of potential market manipulation, with users like @Dlamadenis questioning Binance's integrity.
These concerns revolve around transparency in Binanceâs listings and possible insider activities or manipulation.
