"More and more high-quality projects are bypassing Binance, and instead will list on secondary exchanges like , . Then they will continue to list on , , in order to maximize benefits for the project team and community, rather than maximizing benefits for Binance." - Investor @hebi555 commented.It can be seen that Binance Launchpool has also lost its appeal. To date, except for Sui (SUI) setting a new ATH, the majority of projects on Binance Launchpool over the past two years have not yet "reached the shore". However, Binance is still the exchange with the highest in the market. A recent report shows that Binance's inflows in 2024 will be nearly 40% higher than the 10 closest competitors. And according to BeInCrypto's observation, in an uptrend, tokens listed on Binance usually have a longer upward trend compared to tokens listed on , which often drop sharply in the short term. Trend of shifting from CEX to DEX increasing towards the end of 2024 Join the BeInCrypto community on Telegram to stay updated on the latest analysis and news about the financial market in general and cryptocurrencies in particular.
List of potential Token that have been listed on many exchanges but not listed on Binance
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Accurately predicting an upcoming coin or token listing is the hope of many low-capital investors, especially in the current period. When Binance and other exchanges continuously announce listings, and the price of the listed token or coin increases many times after each announcement.
By filtering out potential Altcoins with low market capitalization that have been listed on some exchanges like /Bybit but not yet listed on Binance, investors can put them on their watchlist and "ambush".
Velodrome price increased more than 200% after Binance listing announcement
Altcoins with market capitalization from $20 million that have been listed but not on Binance
A few recent examples can be cited, such as VELODROME increasing 200% after the Binance listing announcement, or Travala's token increasing 300% after CZ revealed Binance's investment. Or Magic Eden (ME), ORCA, ACX... tokens participating in Binance Launchpool, Binance airdrop... all saw significant increases after the announcement.
Investor 杀破狼 WolfyXBT has identified the opportunity from the "Binance effect" this season and filtered out a list of 35 Altcoins with market capitalization of $20 million or more, which have been listed on exchanges like /Bitget/ but have not yet been listed on Binance.
Suggestions for potential Altcoins not yet listed on Binance. Source: Wolfy_XBT
Tokens like these usually already have a community, have existing , and benefit from the objective uptrend... so the chance of being listed on Binance will be higher. The lower the market capitalization of the tokens, the more likely they are to "pump" better.
However, this is still just a predictive list from the community. Investors can combine it with their own research to find additional relevant factors to increase the likelihood of predicting whether that token will be listed on Binance.
Is Binance listing no longer the best path for many projects?
Observing the actual market this season, there are many successful projects that do not need to be listed on Binance, and many tokens only need to be listed on exchanges like Upbit, Bithumb, , have also recorded impressive growth. For example, Moca Network (MOCA) quadrupled after listing on Upbit, or Hyperliquid (HYPE) increased sixfold without even needing Binance.
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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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