CZ đź”¶ BNB (@cz_binance): The unpopular opinion thread:
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The unpopular opinion thread: 1, People say they love memes. What they mean is they love for you to tell them which token(s) to buy to make a quick buck. (the “Which CA?” question) Unfortunately, this, I can't, won't, and don't know how to, do.🤷‍♂️🙏 2, The meme coin ecosystem on BSC is immature. 2.1, There were system performance issues on multiple platforms/dapps last night in the ecosystem. They are all built and maintained by their own teams. I assume they are all working hard to improve things. They are all good builders. System performance is one of those chick-and-egg problems. Without demand or real traffic, systems can never be tuned perfectly. You’d think they should test it beforehand, and I am sure they do, but the real traffic patterns are always different. On the bright side, there is demand now, and the platforms will improve, albeit with some pain. 2.1, PvP is a bit of a myth too. People don't want it. Other blockchains have players that lead, manage, market make or "influence" which tokens win. Not saying they are controlled by one entity. They probably just evolved naturally over time. These are also lacking on BSC. It was a bit of a mess. Welcome to decentralization. But again, let’s hope the ecosystem evolves naturally. 3, As of this writing, there are 6 broccoli projects with over $200m market cap on BNB Chain, according to Dex Screener👇. Not sure if this is good or bad, or if I am even reading the data correctly. Please manage your risks, and do not touch meme coins if you can't handle downside swings. Lastly, there is also more to memes. Talked to stablecoin projects, AI projects and other projects today too. I do expect to hear more updates from the different platform builders in ecosystem on various updates and see the ecosystem grow.