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He Yi: Binance Alpha Doesn’t Ensure Listing on Binance
In a recent Twitter community space, Binance Co-founder He Yi provided clarity on the listing process and the role of Binance Alpha. According to Yi, only a few meme coins will survive amidst the numerous memecoin projects seeking or achieving listings on Binance. Furthermore, she emphasized that being listed in Binance Alpha does not guarantee eventual listing on Binance.
Yi highlighted the risks associated with certain memecoin projects and Binance Alpha’s role in addressing these challenges. Notably, she pointed out the importance of focusing on the utility aspects of crypto tokens, stating that a project can only generate income and profit when it is beneficial to society, and its uses can be shared with users.
In related news, earlier today, Binance Alpha announced its first batch of projects: MONKY, RIF, HappyCat, ZRC, and ELIZA (ai16zeliza). However, shortly afterward, the Binance team changed the Telegram group link and denied the accuracy of the initial listings. The incident was reportedly caused by a mistake from Binance’s Chinese official account.
The uncertainty surrounding the listing process has sparked significant interest in Binance Alpha, with Yi confirming that only a few meme coins will endure despite the numerous projects seeking or achieving listings on Binance.
Source: http://www.cryptonewsz.com
