Just a few hours ago, I wrote about safe long-term crypto investment education, and now Binance is talking about investments that provide large returns in the long term.
Long-term investment is only suitable for crypto that is truly decentralized and safe from developer control.
Both DeFi crypto and meme crypto carry high risks and volatility.
So don’t think that non-meme crypto is necessarily safer.
One example of a decentralized meme crypto is BOB, especially since BOB developer is Binance this is certainly an added value and will influence people’s trust in $BOB .
If a crypto is still undervalued, it’s natural that the level of trust is still low because trust takes time to build.
Even if a country’s president created a meme token, it wouldn’t necessarily gain much trust if it was still undervalued.
So again, all of this takes time.
Time will be the ultimate judge of everything.