Binance Co-Founder Addresses Criticism Over Token Price Drops
Binance co-founder Yi He stands firm against criticism directed at the platform for the volatility of certain tokens, such as ACT and TST. He clarified that the exchange should not be held responsible for the price fluctuations of the cryptocurrencies listed. According to Yi, the performance of any token is reflective of market dynamics, and Binance cannot control the rise and fall of these assets. This assertion comes amid increased scrutiny of exchanges following recent declines in token values, emphasizing the importance of market awareness for investors.