Currently, there are actually only two Chinese Memes in the market that can stabilize the market:
Everyone is actually waiting for one thing now: When will Binance take the next action on these two Chinese Memes?
Personally, I believe that for Binance, launching contracts or spot trading for these two Chinese tickers is a very important card for Binance to play against other competitive strategies.
Binance has been making competitive countermeasures against other exchanges.
1. Let's review the previous market of #BSC .
For example, X Layer OKX.
For example, competing with Plasma Monad's new chain for narratives.
Not to mention the long-term competition of BSC against Solana.
When Binance faces increasingly fierce competition from other public chains, the most direct and effective means is actually to launch contracts or spot trading.
This strategy can quickly draw a large amount of funds and attention back to BSC, allowing users to return to the Binance ecosystem immediately.
2. Why do we say that the next step for $币安人生 /$哈基米 must watch Solana?
Chinese Memes want to tell stories and create market surges; they must have a larger emotional background as a foundation.
This depends on whether #Solana can produce a big winner.
The popularity of Solana will inversely stimulate BSC, and the most energetic local Meme for BSC at this time is life and Hakimi.
When Binance pushes contracts/spot trading at this time, it can quickly pull attention back to the Binance ecosystem.
3. Macroeconomic level: Why is it difficult for the market to happen in the short term?
The current market liquidity and activity level will continue to decline.
The Federal Reserve's interest rate cut in December has already landed, plus Christmas is coming soon, and there will be a wave of deliveries at the end of the year. What can be foreseen now is that the overall market liquidity and activity level are continuously declining.
The focus of market speculation has now shifted from inflation to the labor market.
If the growth of the U.S. labor market next year remains very weak, the Federal Reserve is likely to propose a more aggressive interest rate cut strategy than now.
At this time, the possibility of Solana producing a big winner will be very high.
