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 2 different between CZ and the new Ceo Richard Teng. I used to remember CZ is alwsy focus on build, like he literally want to support any projects that is ready to innovate and creative about crypto, most of their funding from Binance labs goes to new projects and are ready to support anything but this new CEO is just focus on money, he literally makes Binance like it's now the New Kucoin and that list anything just to bring liquidity to the exchange and it's not like Binance doesn't have liquidity.
The one that surprised me the most is when they added functionality of Pre-market. All centralized exchanges were doing that but Binance decided to be the last to implement such options and I wonder if Binance is the one copying new projects because then it used to be Binance before anything in the crypto space. The meme coins is a good selling business in my opinion and they easily create volume. Since people interest is still there, Binance is listing to benefit more from them, I'm very sure that CZ wouldn't like the idea but what can he do when he is no longer the Ceo of the company.