70% of them are retail traders who only hope to make a big profit from the memecoins they buy after listing on Binance, but then the dump keeps happening and even these memecoins will be difficult to reach the new ATH again.
Binance is really the ultimate destination or even the current landfill for listed memecoins,
this started when PEPE was listed and then there were more memecoins that I didn't even expect to be listed on Binance like ACT and PNUT.
While very ambitious projects do not get a place on binance because they are certainly short of money to be listed on Binance or maybe with the condition "Give your supply, then it will be listed on binance"
Now Memecoin with the narrative "Ai Agent" has become more dominant and there are more Ai Agents memecoins listed on Binance to date
How accurate that 70 percent? I think that is a lot, although maybe that is also true since retail trading seems a bit easier than the others out there. It is only crazy on why many of them are still losers. Binance is still strict after all, so not all meme coins can enter them. Those low quality exchanges are the real ones that can have that title of 'landfill of meme coins'. All projects are ambitious, though like you said, not only all has the budget to get listed (unfortunately) but that is a good idea if supply can be a valid payment. It is just that Binance will still choose the ones that they think has a potential or on hype already, so that they won't end up with a useless coin/token.