Re: Binance listing too much meme coin

Quote from: stadus on Today at 03:26:11 PM

Quote from: Kusunoki_Samurai on Today at 12:34:31 PM

Meme coins need a lot of promotion to be in demand. Binance is a good platform to attract attention

Definitely! Once it gets listed on Binance, people will automatically start trading it. With all the hype around meme coins, the biggest winner here is Binance as they keep making money from trading fees. More volume means more fees, so they don’t really care if a lot of traders end up losing on meme coins.

And they already have some filters for listed coins, as they aren't listing just anything. But if you start to draw lines to "worthless" meme tokens, where does it end? Huge majority of crypto products are pure low effort garbage. And even if some of them aren't technically "meme tokens", they are dishonest money grabs and low quality nonsense.

Just because someone doesn't want to trade meme tokens, they can't control what others can trade. To me, a good meme token beats >80% of the "real life utility" tokens out there. Not to mention coins with their own blockchains.

OP should consider him/her lucky if he thinks he can tell what should be bought and what not. It's really not that easy if you are only looking for gains.