$币安人生 Today the vulgar penguin got delisted, and this isn’t a coincidence. Just take a look at other Chinese memes, the daily trading volume across the board is pitiful 🥺, and these are the hottest ones! Don’t even get me started on the rest, I bet they’ll all be delisted one after another.
The reason is simple: most Chinese memes are just for self-entertainment among locals. Besides Binance, which other major exchanges are listing Chinese tokens? Plus, foreigners don’t even understand Chinese; they definitely won’t be typing in searches for Chinese tokens, right? They have no clue what these characters mean and won’t have any faith in Chinese memes. Even if they engage, it’s just speculation. So those banking on #币安人生 to rival Dogecoin are in for a disappointment.
And as the hype fades, the trading volume of #币安人生 is dwindling too. If nobody’s trading, who’s the main player going to sell to? This is a highly manipulated coin, and the purpose of that manipulation is to make a profit. So don’t hold onto any beliefs; anyone talking to you about faith is just trying to get you to lift them up and provide liquidity.