Binance Report Finds 97% of Meme Coins ‘Have Died’

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I doubt that 97% of memecoins were even “alive”.

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Aydin said:
I doubt that 97% of memecoins were even “alive”.

They must have used a very generous definition of alive.

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All of crypto is a meme.

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Kelsey said:
All of crypto is a meme.

Just like the dollar bill, huh?

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The reason why Bitcoin dominance is going berserk is that it literally killed all the shitcoins.

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Rowen said:
The reason why Bitcoin dominance is going berserk is that it literally killed all the shitcoins.

Most shitcoins are dead at birth but somehow still find a following for a while.

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@Ali
Some shitcoins sent to Vitalik manage to accomplish something good in their short lifespan.

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Rowen said:
The reason why Bitcoin dominance is going berserk is that it literally killed all the shitcoins.

Thank you for that Bitcoin. And there’s still far too many shitcoins left…

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Rowen said:
The reason why Bitcoin dominance is going berserk is that it literally killed all the shitcoins.

Not all.

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Rowen said:
The reason why Bitcoin dominance is going berserk is that it literally killed all the shitcoins.

Historically, afterwards, it fell off drastically, followed by altseason.

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But the same Binance is listing memecoins one after another.

Such integrity! Much WoW!

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Kendall said:
But the same Binance is listing memecoins one after another.

Such integrity! Much WoW!

I’m pretty sure, like most of the other big CEXs, they’re mostly concerned with making money. Binance isn’t the only CEX listing shitcoins each day. It’s almost as if they’re all creating/following certain trends.

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@Penny
Yah. Simon’s Cat says meow on PancakeSwap. Sooner or later, it will make its way to Binance.

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Oak said:
More like 99.99%.

All coins go to zero against BTC, sooner or later. Memes are the first in line.

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Dog on a coin pretty good.

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That’s because 99% of them are garbage.

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Pretends to be shocked.

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Zaden said:
Pretends to be shocked.

gif