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Cryptocurrency News Articles

LBank Community Angel Officer and Risk Control Advisor Eric He Shares Exclusive Insights on LBank's Current Progress, Major Achievements, and the Future of the Cryptocurrency Market

Jan 06, 2025 at 09:48 am

According to Cointelegraph, Eric He, the community angel officer and risk control advisor of LBank, recently shared exclusive insights on LBank's

LBank Community Angel Officer and Risk Control Advisor Eric He Shares Exclusive Insights on LBank's Current Progress, Major Achievements, and the Future of the Cryptocurrency Market

Eric He, community angel officer and risk control advisor of LBank, recently shared exclusive insights on LBank's current progress, major achievements, and the future of the cryptocurrency market in an interview with Cointelegraph.

According to Eric, as the cryptocurrency market enters a new phase with an increasing number of institutions joining the space, LBank has been making significant strides in key areas. With over 15 million registered users worldwide and a presence in over 200 countries and regions, LBank has gained widespread recognition from market users.

Founded in 2015, LBank supports over 800 cryptocurrencies and is committed to providing users with a diversified and convenient trading experience. Through innovative trading solutions, LBank helps users achieve an average return of over 130% when new assets are listed.

With the arrival of 2025, Eric He participated in this interview to share LBank's current developments, future plans, and his predictions for the evolution of the cryptocurrency market.

Highlighting LBank's performance in the market, Eric He noted the five major strategies proposed by LBank in the third quarter of 2024 for its ninth anniversary. These strategies included optimizing the listing strategy, launching the "X Plan" with an exclusive whitelist mechanism, introducing "Discover the era of MEME legends," where promising Meme assets were debuted, launching the Launchpool product, and finally, pivoting to new directions to keep pace with user needs.

"Facts are the most persuasive proof. The five major strategies proposed by LBank in Q3 reflect its historical demand and market positioning well. In particular, we optimized our listing strategy in December and launched the "X Plan" with an exclusive whitelist mechanism. In 2024, we successfully launched over 300 new projects and introduced "Discover the era of MEME legends," where we debuted many promising Meme assets, including GOAT, MOODENG, ACT, and others. Additionally, we launched the Launchpool product, providing users with new opportunities to participate in early projects. Through this initiative, we listed high-quality projects like Cellula and REVOX, further enriching our investment options and accurately matching the evolving needs of our users. These measures not only keep pace with market trends but also deepen our interaction with users, ensuring that every user can experience a more valuable and rewarding experience," stated Eric He.

In 2024, Meme coins gained significant attention among cryptocurrency traders due to their impressive returns and virality. Adapting to this trend, LBank integrated Meme coins into its listing strategy and launched a $10 million MEME special fund to encourage high-quality early-stage innovative MEME projects. Moreover, through collaborations with SLERF and GMGN.AI, LBank donated and co-built to accelerate the arrival of the "meme super cycle."

"In the cryptocurrency field, liquidity is crucial, and we are committed to creating more profit opportunities for users. In 2024, LBank continuously evaluated Meme coin projects comprehensively and made precise market layouts. As mentioned in LBank Labs' Meme research report, "2024 Meme Track Research: Breaking the Circle and Rebirth, From Controversial Narratives to a Trillion-Dollar Track," in 2024, the proportion of Meme coins launched by LBank accounted for a very high percentage of all our newly listed coins, reaching 34%, a figure far exceeding that of other exchanges. Among them, MOODENG, which was launched by LBank, achieved a maximum increase of 63 times, while GOAT and PNUT achieved astonishing returns of 299 times and 81 times, respectively, marking a significant achievement in our deep cultivation of the Meme track. Moreover, LBank actively promotes the multidimensional development of the Meme ecosystem. As early as July 2023, we established a $10 million MEME special fund to encourage high-quality early-stage innovative MEME projects. In March of this year, we partnered with SLERF to initiate a donation campaign, and in August, we collaborated with GMGN.AI to accelerate the arrival of the "meme super cycle," stated Eric He.

"These initiatives fully demonstrate our firm commitment to supporting innovative projects while deeply integrating Meme culture into the cryptocurrency market, ensuring that our users and partners can gain more benefits from the increasingly robust Meme market."

振り返り2024年,Highlighting LBank's achievements in 2024, Eric He pointed to the exchange's continuous growth in key metrics and its dedication to user protection and platform security. According to 0xScope's latest report, LBank's spot market share reached 3.04%, placing it among the top 10 globally in terms of 24-hour spot trading volume, which exceeded $2.7 billion at the time. Furthermore, LBank's 24-hour derivatives trading

News source:www.chaincatcher.com

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