Binance is going to launch new coins again, it's really disheartening!

I suddenly noticed that CAT surged 50%, and upon checking Binance's announcement, I found out that they are going to launch new coins again. Binance has been on a roll this month with new listings, especially this week, where they listed four the day before yesterday, three today, and nearly 30 this month, averaging about one a day. The total market cap is almost 40 billion; just think about how much funds this must be siphoning off. Anyway, Binance has no bottom line now, taking advantage of the rising bull market, and any coin that pays enough is being listed. Everyone should be cautious with these crappy new coins; most of the initial offerings are low liquidity, overvalued junk, while the rest are just the trash that other exchanges can't sell off. It's disgusting!