According to a recent report by TokenInsight, Binance’s strategic pivot towards memecoins has proven to be highly effective, signaling a shift in its approach to the cryptocurrency market. Since launching the $GOAT contract at the end of October, Binance has dramatically increased its involvement in the memecoin space, and the results are clear. Over the past 30 trading days (October 7 to November 15, 2024), Binance has dominated the global trading scene. The exchange’s total trading volume—comprising both spot and derivatives—has surpassed the combined volume of major stock markets worldwide. Notably, Binance’s trading volume is 10% higher than the Nasdaq,
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