It feels strange to see Binance listing such tokens—just based on hype? Is it only to attract an audience?

Binance is undoubtedly a great exchange, no doubt about that. But this recent wave of meme coin listings seems to benefit only the early buyers—most of whom are likely insiders or team members holding large amounts of tokens.

On the other hand, regular users who trust Binance and invest or open positions in these tokens are facing significant losses.

Except for $NIL – $PARTI – and $GUN ; most of the recently listed meme coins are down. Actually, even these projects have dropped too.

So the real question is: what’s actually going on here?

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