#MEMEAct Key Points About Binance and Meme Coins:

1. Listings & Popularity Boost:

Binance has played a major role in boosting meme coins by listing them.

Coins like DOGE, SHIB, PEPE, FLOKI, BONK, and recently WIF (dogwifhat) gained massive attention after being listed.

2. Meme Coin Mania (Q1–Q2 2024):

In early 2024, meme coins surged during a bull market.

Binance listed WIF, FLOKI, and PEPE in quick succession.

Massive trading volume followed—billions of dollars in daily turnover.

3. Controversies & Warnings:

Binance often adds risk tags to meme coins, signaling high volatility and speculative nature.

Some meme coin listings raised questions about market manipulation and insider trading, though Binance hasn’t been proven guilty of wrongdoing.

4. Regulatory Pressure:

Global regulators have scrutinized the promotion of meme coins due to their lack of fundamentals.

Binance, under CEO Richard Teng (since CZ stepped down), has become more cautious and compliant-focused in listings.

5. Delistings or Cautions:

While not common, Binance has removed low-performing or illiquid meme coins in the past.

Projects that fail to maintain activity or transparency risk being delisted.