Inventory of Memecoin projects launched on Binance in 2024

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Author: AI Aunt Source: X, @ai_9684xtpa

Binance has cumulatively listed 15 Memecoin projects (including futures and spot) since 2024, of which 80% of the tokens have seen significant market cap growth after being listed on Binance, with the lowercase $NEIRO even surging by 7594%.

The following is a detailed breakdown of the issuing network/token market cap/rise and fall and overall situation:

Foreword

  • Listing date: Determined by the first listing time, for example, BONK was listed on the spot in 12.2023 and the contract in 4.2023, so it is not included.

  • Pre-listing market cap: Calculated based on the closing price one day before Binance's announcement.

  • Exchanges listed: Only the exchanges where the spot is listed are displayed, in order of depth from best to worst.

Overall Overview

Among the 15 Memecoins listed by Binance this year, over 80% belong to the animal-themed Meme category.

60% are deployed on the Solana network, 26.7% on the Ethereum mainnet, and the rest are distributed on BSC and Base, which is basically in line with the main battlefield of this year's Meme market, and 73% of the projects were listed from August to November.

Only 5 of them were listed on both spot and futures, indicating that Binance is still relatively cautious about spot listings.

Project Market Cap and Rise and Fall

Currently, the market cap of all the listed Memecoins has exceeded $100 million, with the highest being $WIF ($2.51 billion) and the lowest being the uppercase $NEIRO ($102 million).

80% of the tokens have seen significant market cap growth after being listed, with NEIRO (lowercase) even surging by 7594%, being the most eye-catching performer.

$MOG / $BOME / $MYRO are the only three that have seen a slight market cap contraction after listing.

Simple Summary

It is not difficult to see from the chart that Binance does not seem to have a rigid market cap requirement for the listed Memecoins, ranging from $15.49 million to $881 million, and the only commonality may be the community heat.

If you review the K-line, you will find that the listing effect of Binance on Memecoins is particularly obvious, with basically a big green candle when the announcement is made, and the long-term positive effect of spot listing on the project is much greater.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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