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.
They are a marketplace. It's not their job to maintain the price of a coin. And its also hard to predict which would be a hit and which would miss. There are coins being listed and delisted every time.
It's the traders who buy and sell. They are willing to let anything bought and sold if they have a good profit from it.
Memecoins are the largest in demand. The most trade volume comes from memecoins. If centralized exchanges like Binance don't list memecoins, users would be forced to use Dex, which has its own complication and risks.