He Yi: Most meme coins have gone to zero, and Binance will place hundreds of trending projects into the Binance Alpha observation zone

ChainCatcher news, Binance co-founder He Yi stated in X Spaces: "A few memes will survive, while most memes will go to zero. Whether it's VC coins or memes, we have a list of over a hundred trending projects, but some projects have issues with their token economic models, and some platform data may be inflated. For these projects, during our ongoing observation, we've also heard some rumors of insider trading.

Therefore, we will place these trending projects in Binance Alpha (Observation Zone). Projects entering the Observation Zone do not guarantee listing on Binance. A project can only generate revenue and profit when it is beneficial to society, and only then can it share the profits with users."