According to Deep Tide TechFlow, on December 18, Binance co-founder He Yi stated in X Spaces that most Meme coins will eventually go to zero, with only a few projects able to survive long-term, but which projects will remain is difficult to define. Binance has listed an observation list covering VC-backed projects, infrastructure projects, DeFi projects, and Meme coins, but some cannot go live due to issues with token models or inflated data. To enhance transparency, Binance will place some observed projects into the Alpha zone of the Web3 wallet for users to trade, and filter high-quality projects with long-term potential.
He Yi mentioned that the expansion of Binance's user base rapidly increases the market value of newly listed tokens in the short term, but it may subsequently decline slowly. Although Binance attempts to suppress the token price to a reasonable range before listing, this strategy has not been widely accepted. 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 artificially inflated through methods like airdrops, leading to projects with business models being underestimated. She emphasized that only projects that are beneficial to society can achieve long-term profitability and give back results to users.