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A certain leading exchange founder and former CEO recently revealed some details about his upcoming memoir, which also explains the recent sudden surge in a related meme coin in the market.
According to him, the Chinese version of the memoir might be titled "Binance Life," while the English title is still under consideration and has not been finalized. He emphasized that this potential book title has nothing to do with the various "Binance Life" related meme tokens circulating in the market. He said he does appreciate meme culture and likes the term, but that is purely out of personal interest and has nothing to do with any token issuance or listing plans.
It is worth noting that he explicitly stated he does not hold any meme coins called "Binance Life," nor does he plan to buy any, and he reserves the right to change the book title at the last minute.
Regarding the publishing plan, he intends to release both Chinese and English versions within the next 4 to 6 weeks through self-publishing. Why self-publish? He explained that traditional publishing processes are too time-consuming. Although publishers might help more with distribution channels, he values quick release more.
Another interesting point is that all personal earnings from this work will be directly donated to charity. He made it very clear: "Writing this book is not for making money."
Wait, was the right to change the book title already laid out long ago?
I don't believe you actually hold it; what does on-chain data say?
Rapidly releasing self-published works... from my analysis, the logic behind this is brilliant.
Charitable donations really can't be criticized, but who will take the blame for the meme coin pump?
Is it just a coincidence or a carefully planned marketing strategy? Let's see in 4-6 weeks.
I give full marks for this move; the rhetoric is excellent.
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Donations are all so beautifully presented, why is the meme coin skyrocketing? From a risk control perspective, the market sentiment is wave after wave.
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Say you won't hold it? In a market with such high borrowing rates, a book title can pump the price, and chain liquidations are not far off...
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Rapid self-publishing and launch, did you calculate the liquidation price for this move?
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Deleveraging is the way to go; don't be blinded by meme culture.
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"Not for making money" but the market moved, this is called a domino effect.
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The risk threshold has already been broken; just waiting for that systemic risk to arrive.
It's "irrelevant" and "not holding" again, but I just can't believe it.
The book title hasn't even been decided yet, and the meme coin has already taken off. Did they get the order mixed up?