It's been a while since Binance got a new CEO thanks to CZ's departure. I came across a tweet talking about how Binance's online presence hasn't been the same ever since. The tweet talked about the importance of a charismatic Head for any company. Unlike CZ, Mr Teng doesn't seem to have that same type of commanding charisma online. Of course this doesn't affect Binance's order books that much, but in the grand scheme of things, I think it means a lot that folks don't get that same type of vibe anymore.

It's easy to see why Bitget chose to promote Gracy Chen to CEO today or why guys Justin Sun still remain the faces of several top companies. These people are actually quite outspoken online, and know just how to keep users excited about any new innovations in their respective companies. If anything, I guess this instance teaches us about the importance of having an exciting face as the representative of any company.