Binance has officially debunked recent rumors via its Telegram channel, confirming that the Moonbix project is not a cryptocurrency token as some speculated. Unlike trending meme coins like Hamster or Dogs, Moonbix is purely a game developed by Binance. While players may occasionally earn crypto rewards deposited into their Binance accounts, the game itself is not centered around any specific token.

This announcement puts an end to the speculation of a new token launch, which may come as a letdown for those hoping for the next big meme coin. It serves as a reminder to stay informed and cautious, as the crypto space is rife with misleading information and baseless rumors.

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