Lao Hu said a few words about installing MEME on Binance, but it's not right. Everyone criticized it Recently, a netizen asked Lao Hu to take a look at the matter of installing MEME coin on Binance. Lao Hu doesn't speculate on currency, but after looking at the data over the years, he couldn't help but say some things. First, let's talk about the facts. The quota for Binance spot trading to MEME has always been limited. In the first half of the year, there were two, BOME and WIF, with one costing 4.5 billion US dollars and the other 960 million US dollars. In the second half of the year, NEIRO, ACT, and PNUT all exceeded 1 billion. What do these numbers indicate? As long as you make the right choice, the market will buy it. The problem lies in 25 years. In a bear market, a batch of things such as white cloth, broccoli, and test coins have been added to the currency. To be objective, Lao Hu said that the upper limit of this batch of coins is only one or two hundred million, and it has basically not risen. Why? Lao Hu's view is that this is not because the market is not doing well, but because Binance has not understood what MEME is. There is a type of project that I have noticed has a common feature: when someone with chips says a few words of 'Your Majesty is wise' in the community, the management becomes confused and thinks they are being supported. What Lao Hu wants to say is that the true subject of the community is the silent majority, who do not speak and only vote with their feet. It's not right to take a few people shouting slogans as public opinion. The real result is that this batch of projects in turn consumed Binance's own reputation. This is worth serious reflection by Binance friends. In 25 years, there is still a GIGGLE that takes the charity route. Lao Hu does not oppose doing charity, but he has always had a judgment that MEME does not match the charitable temperament. The upper limit of 260 million is lower than the previous batch. The fact proves this judgment. In 26 years, the situation has changed. The Binance Life coin, Old Hu admits, is in the same category as the previous batch in terms of its path, but it has something that others do not have. It is the first Chinese coin and identifies with the entire Binance, not a certain person or faction within Binance. This is a big difference. So it surged to 800 million, which Lao Hu considered quite successful. Speaking of which, Lao Hu wants to emphasize that the above is his analysis of the situation itself, not cursing anyone. Don't go online. Let's talk about a more fundamental reason. The essence of MEME is consensus, dissemination, and narrative. These three things are its intrinsic value. Some people rely on pleasing others to spread the word, while others rely on controversy to spread the word. Personally, Lao Hu does not appreciate it, but objectively speaking, this is also spread, and we cannot deny its effectiveness just because we do not like it. Now that MARSCOIN and Niu Lai have been added in 26 years, Lao Hu believes that these two can be looked at for 1 billion first. If Lao Hu has to choose one of the two, Lao Hu chooses Niu. The reason is simple: with the three words' bull ', Chinese people can understand without explanation, and mainstream media at home and abroad have also reported on it, with almost zero dissemination costs. Mars still needs to tell people a story first. Lao Hu's judgments may all be wrong. Lao Hu is not afraid to admit this. Finally, Lao Hu wants to say something from the bottom of his heart. The current choices in the market are those who follow those who speak well and those who are laughed at as believers. Lao Hu doesn't use those harsh words, but if he has to choose, he is willing to be the one who believes. Whether it's a cow or not, let the bullet fly for a while. If Hu Xijin talks about MEME