Binance Research Reveals that 97% of Memecoins Have Already Died

TL;DR A report from Binance Research reveals that 97% of memecoins have experienced drastic declines in their trading volumes. More than 75% of the current memecoins appeared in the last year, thanks to their simplicity and accessibility, allowing them to quickly attract market interest. Binance warns about the risks of pump-and-dump schemes, which harm retail ... source: https://crypto-economy.com/binance-research-reveals-that-97-of-memecoins-have-already-died/