The general director of the Binance Stock Exchange Changpeng Zhao expressed confidence that the growth season of altcoins will come sooner or later.
Speaking with CNBC host Ran Ran Neuner (Ran NeuNer) Zhao stressed that the altcoin season will happen sooner or later, and it will be much more stable than in 2017.
At the same time, the head of Binance once again emphasized that only projects that develop real and useful solutions survive. Therefore, even during the new season of altcoins, not all tokens and coins will grow.
“The industry is developing, and now we see real projects with real blockchains,” Zhao said.
Earlier, the founder of TechCrunch and Arrington Capital partner Michael Arrington (Michael Arrington) said that Binance is the most important platform for altcoin trading. This is facilitated by the fact that the Binance Launchpad remains the first and most well-known platform for the initial exchange placement (IEO). This view is supported by Changphen Zhao himself.