Recently, some friends have been discussing what coins should and should not be listed on Binance. I will try to explain: The cryptocurrency world is a free market. The liquidity and trading volume of CEX and CEX, CEX and DEX, and various trading platforms are a total pool. CEX is not a closed market. Even if Binance does not list these projects, these projects still exist.
Trading volume and funds will also be redirected to various corners of the industry. Alongside the unlocking of VC-invested projects, Meme coins, chain-based local tokens, and speculative investments will all attract capital. Post-ETF approval, the traditional financial market will also divert funds directly into the cryptocurrency world. Let's revisit the role of VCs.
Some VCs are indeed the core reason for the inflated prices, but VCs generally raise funds from LPs for a 7-year lock-up period of 4+3 years, collecting management fees + dividends; VCs are generally unlocked one year after TGE (not all), so many VCs in the cryptocurrency circle are also going bankrupt, and some VCs' LP investments in the cryptocurrency circle may also return to zero; And projects that have secured substantial financing are better positioned to navigate the bubble cycle, but the underlying factors influencing currency price and governance model are determined by the project team, lacking a standardized approach.
Therefore, before investing, everyone needs to do a more in-depth analysis of the project tokens, such as token application scenarios, release cycles, holding ratios, and initial circulation. There is no standard answer.
The rise of Defi has brought more liquidity to the industry and increased freedom, which has increased the difficulty for CEX to try to formulate rules, but this is precisely the charm of the free market in the cryptocurrency circle. DYOR
#AIAndGameFiBoom #BSCOnTheRise
#MarketInTheGreen

📢 SCAM ALERT 🚨🚨🚨
⛔⛔⛔⛔⛔
🛑 Beware of P2P Scams on Binance 🛑
Scammers are increasingly targeting P2P transactions. Here's how it works:
1. Starting Setup: The victim places an order and completes the fiat payment to the scammer.

2. Scammer Tactics: The fraudster contacts the target via phone or Telegram, pressuring them to terminate the transaction for a reimbursement. Less cautious users may acquiesce, enabling the scammer to swiftly transfer or sell all the cryptocurrency.

3. Advanced Deception: For more cautious users, scammers impersonate Binance customer support, convincing the victim to scan a Web Login QR code. This grants scammers access to the victim's account, enabling them to cancel the order and steal the cryptocurrency.
Protect Yourself:

- Once you’ve paid, never cancel the order.
- Verify customer service requests through Binance's official channels.
Stay vigilant and protect your assets.
#CryptoSafety #BullBanter #Binance #P2PScam #StaySafeTrading