Binance CMO: The meme coin craze has brought pressure to the coin listing team, but the coin listing criteria are not just based on market popularity

At the Australian Crypto Con 2024, Binance Chief Marketing Officer Rachel Conlan said that the recent meme coin craze has put additional pressure on cryptocurrency trading platforms, requiring them to strictly screen suspicious projects to protect user interests. Conlan said that Binance has a dedicated research team responsible for the review of coin listings, which will be evaluated from multiple dimensions. "The team will conduct strict due diligence on the background of the project founder, the identity of the participants and the future roadmap. Community feedback, development trends and market insights are important considerations, not just market enthusiasm. No project can get a coin listing guarantee." Speaking of meme coins, Conlan admitted that such projects are controversial due to their lack of practicality, but she pointed out: "We have also seen some emerging meme coins begin to build real-world application scenarios, which is exactly what the industry needs." Looking ahead to the next 18 to 24 months, she expects the crypto community to grow exponentially, making projects with real-world application scenarios increasingly important. (Cointelegraph)