The Scoop

In this episode, Justin Sun reveals Huobi's and Poloniex's procedure for listing new memecoins and explains why the crypto market has grown too big for any single exchange to service effectively.
Sun claims that Binance may be the biggest exchange by market share, but it is not the best venue for trading smaller memecoins:
"Binance these days has a very high standard of listing crypto assets. [A coin] needs to be at least $100 million or even $1 billion to get listed on Binance in the first place. So that's why I think this leaves a very big room for other exchanges to grow."Justin Sun himself recently announced on Twitter that he would start trading memecoins for "fun."
During this episode, Chaparro and Sun also discuss:

What Justin Sun personally looks for in memecoins

Huobi's and Poloniex's revenue sources

The global crypto regulatory environment

This episode is brought to you by our sponsor CleanSpark.
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

Show Notes

In this episode, Justin Sun reveals Huobi's and Poloniex's procedure for listing new memecoins and explains why the crypto market has grown too big for any single exchange to service effectively.

Sun claims that Binance may be the biggest exchange by market share, but it is not the best venue for trading smaller memecoins:

"Binance these days has a very high standard of listing crypto assets. [A coin] needs to be at least $100 million or even $1 billion to get listed on Binance in the first place. So that's why I think this leaves a very big room for other exchanges to grow."

Justin Sun himself recently announced on Twitter that he would start trading memecoins for "fun."

During this episode, Chaparro and Sun also discuss:

  • What Justin Sun personally looks for in memecoins
  • Huobi's and Poloniex's revenue sources
  • The global crypto regulatory environment


This episode is brought to you by our sponsor CleanSpark.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

What is The Scoop?

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.