Alphacaster

Dear @heyibinance and @cz_binance, From the outside it appears that @binance has turned into a "pump and dump" engine that is knowingly harming retail investors and creating an unhealthy memecoin market for its own benefit Both $ACT and $PNUT which just received spot listings on your exchange were low cap tokens with poor distributions that have now increased tremendously in value despite being "dead" just hours ago We can only assume that Binance is specifically targeting low cap "dead" memecoins that are controlled by a small number of insiders because these are the ones that are able to pay the largest percentage of the supply as the listing fee which Binance then "dumps" to generate revenue If true this behavior incentivizes new memecoins to have unfair launches that line the pockets of insiders like VCs, CEXs, KOLs, and market makers who all participate in an engine of "pumping" and then "dumping" or "rugging" the memecoin I hereby issue a petition for Binance to make the following changes to its memecoin listing process: 1. Publicly disclose the terms of the listing fee that was paid 2. If part of the listing fee was paid in tokens share the schedule in which they will be dumped 3. Prioritize listing organic, bottom up, decentralized, community driven memecoins with healthy distributions (for example $DOG) ✏️ Repost to sign this petition