Binance Founder Explains: We Have No Intention to Drive the Memecoin Trend

Binance co-founder He Yi announced that the platform does not intend to drive the memecoin trend.

He Yi stated that there are three main types of projects in the crypto market: Telegram-based mini games, infrastructure projects, and other high-value tokens. However, he emphasized that memecoins are currently the most popular asset in the market.

Listed two new memecoins today

He Yi said that Binance listed NEIRO following the current trends and reported that the community has become the currency of meme coins. Therefore, he stated that they took the time to test some projects with low market value and a wide investor base.

He Yi also stated that Binance continues to observe different types of tokens in the market and called on users to recommend projects that they think are good. However, He Yi pointed out that investment is risky, and advised investors to do their own research (DYOR) before trading. Binance aims to offer a variety of tokens based on the needs of the market.