The booming BSC (Binance Scrapbook) sector, or more directly, the booming Chinese-language trading platform, is a boon for both BSC and Binance. BSC's on-chain popularity provides natural brand marketing, and the Chinese meme attracts new users to the blockchain. Ultimately, these funds will flow into the Binance exchange, completing a closed loop of user acquisition and generating real-money traffic. Since the Chinese-language trading platform originated from BSC, with the first hashtag #BinanceLife, it was essentially a natural meme branding strategy for Binance. Binance fought this battle and provided resources for the Chinese platform, but it was also tarnished by internal manipulation and insider trading, putting it in a precarious position. This situation could be due to either incompetent internal staff, a group of people holding positions without contributing, or being bribed by competitors. After all, it's impossible not to support a Chinese-language trading platform; otherwise, there would be no need to list it on the spot market. However, the continued manipulation and insider trading after listing on the spot market, exposed as insider activity, suggests foul play. As for why, we neither know nor want to know. In short, the only beneficiaries are exchanges other than Binance. The market is generally stagnant; other exchanges aren't necessarily doing better, so targeting them is normal. Binance, however, remains indifferent, choosing to let things take their course instead of protecting its users, which is tantamount to playing along with its competitors' wishes. After all, when BSC was initially popular, its trading volume, social media buzz, and number of traders were undeniable. The social media feud between OKEx's Xu Mingxing and Star really revealed something fishy. Why would a BTC tycoon get so worked up over a meme? But if this meme naturally spreads virally, promoting competitors' brands and attracting new users, then things are different. With everyone going to BSC and playing in Chinese, it's difficult for Binance to attract new customers. Without users, there's no moat, no trading volume, and it's just a continuous drain on resources. Those who invest in Chinese-language cryptocurrencies ultimately end up on Binance. Over 80% of Binance holdings are concentrated there, representing the hottest money coming directly from the blockchain. Since Chinese-language cryptocurrencies all end up on Binance, they become a key customer acquisition channel for Binance. Naturally, competitors don't want this path to be successfully navigated. @heyibinance @cz_binance A fallen flag lacks cohesion. If this flag is firmly planted in the ground and flutters in the wind, it resonates with all Binance users, but for all competitors, it's a sword piercing their hearts.