RootData: The competition for listing tokens on Binance is heating up, with over 30 large projects expected to conduct TGE in Q3

ChainCatcher news, the Web3 asset data platform RootData released “2024 Q2 Web3 Industry Investment Research Report”, which predicts that the TGE project list for Q3 will include 30 high-funding, high-FDV star projects, with a high probability of listing on Binance.

According to statistics from 288 investors' portfolios, the average number of Binance Launchpool projects in their portfolios does not exceed 2%. Among nearly 30 Binance Launchpool projects, 21 are invested by Binance Labs, accounting for over 11% of their portfolios.

Due to Binance's trading depth and slippage advantages, as well as competitive contract rates, the fiercely competitive listing environment on Binance has a profound impact on the market. Project teams choosing to conduct TGE on Binance can effectively leverage its market advantages and platform resources, laying a solid market foundation for the long-term development of the projects.