Binance co-founder He Yi just spoke at Space, stating 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 remain. Binance has listed an observation checklist covering VC-supported projects, infrastructure projects, DeFi projects, and Meme coins, but some cannot be launched due to token model issues or inflated data. To enhance transparency, Binance has placed some observation projects in the Alpha zone of the Web3 wallet for users to trade and screened for quality projects with long-term potential.

He Yi mentioned that the expansion of Binance's user base quickly boosts the market capitalization of newly launched coins in the short term, but may then slowly decline. Although Binance attempts to suppress coin prices to a reasonable range before launch, this strategy has not been widely recognized. She also compared the crypto industry to traditional IPOs, pointing out that many projects lack a real user base, and on-chain data is often inflated through methods such as airdrops, leading to projects with business models being undervalued. She emphasized that only projects beneficial to society can achieve long-term profitability and give back results to users.