After his transition to Huobi Huobi Token (HT) influential in the rise Justin Sun, founder of Tron (TRX) He made important statements about the crypto industry.
Speaking to The Block, Justin Sun said: meme tokenHe said he will continue to support them.
included in Huobi’and the stock market PoloniexExplaining ‘s procedures for listing new memcoins, Justin Sun claimed that Binance has high listing standards and this provides opportunities for smaller exchanges to grow.
In this context Binance’Pointing out that Binance may be the world’s largest exchange by market share, Sun argued that Binance is not the best exchange to trade meme tokens:
“Binance has a very high standard for listing cryptocurrencies these days.
For a cryptocurrency project to be listed on Binance, it must first be worth at least $100 million, or even $1 billion.
I think these high listing criteria present a great opportunity for other exchanges to grow.”
As known Tron The founder recently announced that he will start investing in meme tokens.
Stating that the profits from these transactions will be donated entirely to charities, Sun pointed out that his disclosure of his investments is not investment advice, adding that he would not give any guarantee that these projects will be listed on any exchange, including HuobiGlobal and Poloniex.
*Not investment advice.
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