Binance, a big cryptocurrency company, is making changes! They're cleaning up their list of digital coins (cryptocurrencies). They want to make sure only the good ones stay. This is because SO many new coins are popping up!
- Binance is checking coins for good qualities like strong trading and a safe community.
- Coins that don't meet their standards will be removed from Binance Alpha, a special place for new coins.
- Other companies like Coinbase are also changing how they add new coins to their lists.
| Fact | Number |
|---|---|
| Total number of crypto coins | Over 12.5 million! |
| Binance Alpha coins' total value | $6.4 billion |
| Binance Alpha coins' 24-hour increase | 3.7% |
| Binance Alpha coins' daily trading | $1.4 billion |
This is all happening because tons of new coins are being created. Some are even memecoins, based on funny internet trends. The number of new coins is making it hard for companies to keep track!
