Meme tokens

[WatChe]

The entire point of having a business is to make money, there is literally no other reason. If the point is not to make money, then it's called a non-profit and becomes some sort of charity people donate to. So exchanges can list whatever they want, as long as they think it will make them money, there is a risk ratio too, so they delist things that do not have proper volume and do not make them enough money and in some cases like Monero, they even delist things with volume.

So they check plus/minus columns and if it makes more profit than the risk it carries, then they list it. It can be the worst shitcoin meme project you have ever heard of, as long as it makes money for them, they are not responsible for your investments going down, they are only responsible to keep it safe and not hacked or stolen.

Exchanges will continue to do that as long as the listed token will continue to give them good return. It's up to us to make wise decision by choosing the right token because in the end it's us who will suffer. It's also important to note that if a coin got listed on big exchange then it's not essential that it will give you good return too. In case of meme, it's better to stay away from them or if you are investing then only invest which you can afford to lose and that too for short duration.

[Wakate]

What most of all these exchanges do is to list scam memecoins so that holders can buy and soon when the price crashes, holders will be left with nothing. I know many exchanges that involve I'm this practice and the reasons lies in their greed to make money from the misfortunes of their users. We'll need to avoid these exchanges by all means especially for those of us that like using centralized exchanges everytime.

[MinMan]

Platforms exchanges list all the shitcoins in the market to obtain benefits from various fees. Those shitcoins don't hesitate to pay fees for listing on those platforms and platforms find this as an opportunity since there is no accountability for investors loss. At extreme cases they delist one or more tokens if they notice it will damage directly their reputation.

Listing fees will be an important factor here. Usually these listing fees will be way higher and it is difficult to get clients paying these huge sums so these exchanges will even consider the meme coins which has the potential to pay high fees. Exchanges will make profits here and maybe even the early joiners too will have profits but mostly people will loose all their life's savings if they are not really careful with their investments into these meme coins.

Exchanges do have strict on boarding policies but yet these meme coins somehow manages to rug-pull and run away with all the profits. After all, there's nothing we can do once the scam was completed successfully. We can stop it at the initial stage but that's all we can do.

[FBCTorg]

That's because these meme tokens either have a strong team backing them or they have a really good volume which will make exchanges earn profits from the fees we pay. The listing of these meme tokens is not permanent though and we do see these meme tokens getting delisted as soon as they loose their fame. They are temporary as I believe in hype season. These meme tokens will emerge really well in these hyped seasons but once the hype is over, the prices will dump drastically wiping away all the profits.

You might have a good point here. Reputed exchanges should avoid listing these meme tokens and should only think about listing tokens having real-world utilities to secure investor's money.

[Hispo]

What most of all these exchanges do is to list scam memecoins so that holders can buy and soon when the price crashes, holders will be left with nothing. I know many exchanges that involve I'm this practice and the reasons lies in their greed to make money from the misfortunes of their users. We'll need to avoid these exchanges by all means especially for those of us that like using centralized exchanges everytime.

It is indeed about greed and pursue of money.
And also, it is a practice which is rather used by small exchanges, big exchanges like Binance and Coinbase would not need to do such things, because they would be okey only relying on the volume on Bitcoin, Litecoin, Ethereum and other major coins.
Listing and charging fees on memecoin trades is a way to profit off hype and speculation of people who are reckless with their money and should know better.

Since the former CEO of Binance was forced to step down his position and give the seat to the current CEO, I have noticed that exchange have listed more shitcoins and memecoins... Something which is no proper of a big and reputable exchange.

[albon]

That's because these meme tokens either have a strong team backing them or they have a really good volume which will make exchanges earn profits from the fees we pay. The listing of these meme tokens is not permanent though and we do see these meme tokens getting delisted as soon as they loose their fame. They are temporary as I believe in hype season. These meme tokens will emerge really well in these hyped seasons but once the hype is over, the prices will dump drastically wiping away all the profits.

You might have a good point here. Reputed exchanges should avoid listing these meme tokens and should only think about listing tokens having real-world utilities to secure investor's money.

This is absolutely true. There are meme coin teams that have no intention of making their tokens sustainable in the market for the long term to generate returns for investors. Instead, they want to manipulate the price, deceive investors, steal funds and then disappear with the project only to return later with a new one.

Most of the meme coins that I saw a long time ago on MEXC and Gate io have already been delisted from these two platforms, putting investors in huge losses, as the coin will react negatively to this news until they eventually die out and get removed entirely from all CEXs..

As for the project teams, they lose nothing, while the biggest losses fall on investors. Even CEX platforms benefit from listing fees, so everyone should be cautious before investing in meme coins are temporary tokens that can disappear at any time unless you’re lucky enough that their listing lasts longer.

[Lanatsa]

That's because these meme tokens either have a strong team backing them or they have a really good volume which will make exchanges earn profits from the fees we pay. The listing of these meme tokens is not permanent though and we do see these meme tokens getting delisted as soon as they loose their fame. They are temporary as I believe in hype season. These meme tokens will emerge really well in these hyped seasons but once the hype is over, the prices will dump drastically wiping away all the profits.

You might have a good point here. Reputed exchanges should avoid listing these meme tokens and should only think about listing tokens having real-world utilities to secure investor's money.

This is absolutely true. There are meme coin teams that have no intention of making their tokens sustainable in the market for the long term to generate returns for investors. Instead, they want to manipulate the price, deceive investors, steal funds and then disappear with the project only to return later with a new one.

Most of the meme coins that I saw a long time ago on MEXC and Gate io have already been delisted from these two platforms, putting investors in huge losses, as the coin will react negatively to this news until they eventually die out and get removed entirely from all CEXs..

As for the project teams, they lose nothing, while the biggest losses fall on investors. Even CEX platforms benefit from listing fees, so everyone should be cautious before investing in meme coins are temporary tokens that can disappear at any time unless you’re lucky enough that their listing lasts longer.

Meme tokens have become a big part of the crypto scene lately mostly because of hype and social media attention not because of any real value behind them most of these projects are built for short term noise they rise fast when the hype is strong and crash even faster once the crowd moves on the reason exchanges list them so quickly is because they bring trading volume and that means more profit from transaction fees it’s a simple business decision but it doesn’t mean these coins are good investments or that they’ll stay around for long once they stop making money for the exchange or lose their audience they get delisted and vanish. The real problem is that many of these meme coin teams don’t care about sustainability or creating something valuable they just launch a token ride the hype wave and disappear when it cools off investors are the ones who end up paying the price while project creators walk away untouched and exchanges already got their profits i’ve seen this happen on several platforms like gate io or mexc where tokens that were hyped just a few months ago are now gone leaving holders with worthless coins and huge losses the cycle repeats itself every time a new meme trend appears online.

What’s worse is that people often ignore how risky these assets are because they see others making quick money during the hype season but when the dump starts no one can escape it prices collapse almost overnight and those who bought late lose almost everything that’s why meme coins should never be treated like solid investments they’re short lived and mostly depend on community excitement or influencer promotion not on technology or real world utility.

[NewRanger]

Questions:

- What are these specific biggest exchanges you are referring to that allow meme tokens that clearly steal money?
- What are these investors? Do you mean those who staked at the platform?

Is it really the exchange we have to blame for the loss of these investors/traders due to trading meme tokens?

If you want to find out, it's easy. Just log into a few well-known exchanges and see how many meme tokens they list in a day. Compare this with other exchanges by looking at the ticker and noting the listing time of the same token. For regular tokens that aren't listed on major exchanges, their lifespan is usually short, at most one or two months, after which they are delisted. I thought I'd add this answer to this question. You can learn more about other specific answers later.

[gunhell16]

Why some biggest exchange allow some meme tokens which clearly steal money from their investors?

The reason is simple: it's all about money. Of course, they are a business type, so their goal is to earn profit. Especially if the hype for the meme coins is strong in the market
and many communities are hyped about them, they will definitely accept those tokens.

However, those who take the risk should not complain in the end if they don't gain anything from their investment in these meme tokens.
We all know that the risk is genuinely high with meme coins, so it's not surprising if many investors get burned (lose their money) in the near future.

[$crypto$]

What most of all these exchanges do is to list scam memecoins so that holders can buy and soon when the price crashes, holders will be left with nothing. I know many exchanges that involve I'm this practice and the reasons lies in their greed to make money from the misfortunes of their users. We'll need to avoid these exchanges by all means especially for those of us that like using centralized exchanges everytime.

We cannot avoid these exchanges because we need them to conduct transactions and trade—but avoid buying meme coins.

Even though many memecoins are listed on major exchanges and it is impossible to count how many have been listed, avoid them if you are unsure about meme coins.

It is clear that memecoins only benefit a select group of people, while those who succumb to FOMO only suffer heavy losses.