CZ's in-depth summary of the topic related to TST on Binance
1. Clarification on TST listing
(1) No official endorsement
Binance founder CZ has made a clear clarification regarding the listing background of TST. He emphasized that TST has not received any form of endorsement from him or Binance officially. In fact, TST was initially just a test token used in video tutorials. However, an interesting phenomenon is that despite CZ's repeated efforts to clarify this fact, TST seems to gain more and more public attention due to these clarifications, with its popularity continuing to rise and its recognition increasing.
(2) Listing reasons
Regarding why TST would be listed on the Binance platform, CZ stated that he is not sure. He made it clear that he had no involvement in the TST listing process. In the ecosystem of the cryptocurrency trading market, exchanges typically have their own listing logic. Generally, exchanges tend to list popular tokens with a certain trading volume as early as possible. Because such tokens usually have already accumulated a user base and trading activity in the market, they can bring more traffic and trading fee income to the exchange. In the case of TST, if it is being fervently pursued by traders and has a large trading demand, then from the perspective of the exchange, even if the token has not actively contacted the exchange to seek listing, the exchange may still include it in the listing category based on its own business considerations.
2. @CZ's stance on meme coins
(1) No opposition to meme coins
CZ has shown a rather objective and neutral stance toward meme coins. He has made it clear that he does not oppose this special type of cryptocurrency. In his view, not being enthusiastic about something does not equate to opposing it. CZ compares his attitude toward meme coins to his attitude toward many other things, such as sports cars; some people are enthusiastic about collecting and driving sports cars, enjoying the speed and thrill they bring, while others merely see them as ordinary transportation and are not particularly enthusiastic. In the art field, some are obsessed with collecting and appreciating artworks, while others may have little interest; NFTs (non-fungible tokens) as an emerging form of digital assets also have some actively participating while others remain watchful; and for most altcoins, the market's attitude towards them is also mixed. CZ's attitude toward meme coins, like his attitude toward these things, does not deliberately support or oppose them.
(2) I have not participated in the investment
It is worth noting that CZ specifically stated that as of now, he has not purchased any meme coins. He positions himself as a builder, always focusing his energy and attention on his core business aspects. He is more focused on promoting the development of the Binance platform, improving the application of blockchain technology, and maintaining a healthy ecosystem in the cryptocurrency market, rather than engaging in investment activities related to meme coins. The more CZ explains, the more confusing it becomes!
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