As the title implied. I’m just disappointed on the current credibility of Binance since they keep listing meme coins that typically dump hard after few days of listing that doesn’t recover.
This token is a money pit which Binance allows. They put risk to all their customers and they allow scammer developers of shit meme coin to milk profit from their user. Without Binance listing these memecoins will never have a spot light from investors.
Major exchange should control the meme coin listing imho.
I have noticed this since CZ stepped down being the CEO of Binance. I think the current CEO knows what he's doing but I know Binance to be a great exchange that seek for the credibility of every asset, protecting the interest of her users. One think I often seen about this exchange is that they have a strict management and whether they noticed that a particular project is not doing well or generating enough liquidity for the token to be on motion, there is high probability of the time getting delisted from Binance. They are very strict about this and I do applaud them because the team is not ready for any misuse of data which can lead to the rug pull of unserious project.