He Yi’s statement that Customer Service Chief Xiao He will continue serving users fueled a sharp rally in a related meme token, though warnings highlight its volatile nature.
Binance Co-CEO He Yi confirmed that Customer Service Chief Xiao He will remain in their role, sparking interest in the BNB Chain meme token named after them. GMGN data shows the token’s market cap briefly reached $10 million before settling at $8.32 million, representing a daily increase of over 120%. Odaily cautioned that meme coin prices are subject to significant volatility.