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OKX Star: We are not against Meme coins, but trading platforms should remain neutral
2025-10-10 16:40

According to Odaily Planet Daily, OKX CEO Star posted on the X platform: "Many people interpreted my previous article as me opposing Memecoin, which is actually a misunderstanding. As I have emphasized many times, I am not against Memecoin. Memecoin embodies the spirit of community and consensus culture, and it makes the crypto world more vibrant and creative."

What I really want to say is that trading platforms should remain neutral. If competing platforms use individual "get-rich-quick" stories to exaggerate the so-called wealth effect, guiding a small number of "early birds" to mass-produce Memecoin, or even personally participate in the market, openly or covertly calling orders, and attracting more users who lack professional knowledge and are easily influenced by emotions to blindly follow suit, this is a short-sighted move that kills the chicken to get the eggs.

Such practices not only harm the long-term health of the entire industry but also potentially run afoul of compliance and legal boundaries. The platform's responsibility is to foster a fair and transparent market environment, not to become a trigger for sentiment.

At the same time, we also hope that opinion leaders will stop using public opinion to "persuade" or "force" the OKX and X Layer teams to quit, and stop promoting or manipulating projects like "XX Life," "3," and "4." This is inconsistent with OKX's values and deviates from the Web 3 spirit we believe in: openness, rationality, and long-term development.