Big news in the world of cryptocurrency! Binance, a huge place where people buy and sell crypto, had a token called TST that zoomed up in price then crashed. This made everyone wonder how Binance chooses which tokens to let people buy.
- Binance uses three rules to pick tokens: how much money people make, how new and exciting the token is, and how popular it is.
- One token, TST, went up to a $500 million market cap (that means how much it's worth) quickly then dropped a lot.
- Binance also has rules for their workers to stop cheating or stealing.
| Thing | Number |
|---|---|
| TST's highest market cap | $500 million |
| TST's market cap after drop | $192 million |
| Number of misconduct cases at Binance | Over 120 |
Experts say that these events show the risks and excitement in the crypto world. Remember: Investing in cryptocurrency is risky, and you can lose money!
