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ETH $1,571.76 -5.07%
BNB $576.15 -2.37%
XRP $1.09 -2.27%
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DOGE $0.0820 -1.89%
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BCH $217.60 -1.12%
LINK $7.40 -2.11%
HYPE $59.26 -5.32%
AAVE $62.17 -4.57%
SUI $0.7205 +1.77%
XLM $0.2016 +7.05%
ZEC $373.42 +17.18%

Analysis: Binance has launched 15 Memecoin projects this year, with 80% of the tokens significantly increasing in market value after listing

2024-11-11 10:50:09
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ChainCatcher news, on-chain analyst @ai_9684xtpa released a summary of Memecoin projects launched on Binance in 2024: Since the beginning of 2024, Binance has launched a total of 15 Memecoin projects (including futures and spot), of which 80% of the tokens have seen significant market cap growth after being listed on Binance, with NEIRO (lowercase) increasing by as much as 7594%.

Among the 15 Memecoins launched by Binance this year, over 80% belong to the zoo-themed Meme category. 60% are deployed on the Solana network, 26.7% on the Ethereum mainnet, and the remainder distributed across BSC and Base, aligning closely with this year's main battlefield for Memes, with 73% of the projects launched between August and November. Only 5 of them were listed on both spot and futures, indicating Binance's relatively cautious attitude towards spot listings.

Currently, all launched Memecoins have surpassed a market cap of 100 million USD, with the highest market cap being WIF (2.51 billion USD) and the lowest being uppercase NEIRO (102 million USD). 80% of the tokens have seen significant market cap growth after being listed, with NEIRO (lowercase) increasing by as much as 7594%, making it the standout performer, while MOG/BOME/MYRO are the only three that have seen a slight decrease in market cap after being listed.

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