The crypto exchange giant Binance continues to fuel the meme coin craze with frequent new listings, turning many small-scale investors into crypto millionaires along the way.
Typically, Binance is highly selective with new cryptocurrency listings, rigorously evaluating them on a wide variety of criteria such as community support, market potential, security protocols, and more.
However, the world’s leading exchange is showing a proclivity towards listing decentralized meme coins, with low fully-diluted valuation (FDV). This has sparked a guessing game, with smart money investors racing to secure early positions in potential Binance listings, aiming for outsized returns.
For instance, an early investor in Peanut The Squirrel ($PNUT) turned his $17 into nearly $3 million, a staggering 176,461x return.
5 Potential Binance Meme Coin Listings
In a recent blog post, Binance co-founder He Yi shared insights into the exchange’s listing process and the key factors that it considers.
She signalled Binance’s intent to list projects that “that have users and traffic”. She bemoaned that the exchange failed to pay attention to meme coins in its early days, a mistake it is looking to correct in this bull cycle.
In particular, Binance will give preference to decentralized meme coins with low fully diluted valuations. Indeed, projects like Moo Deng, First Neiro On Ethereum, PONKE, Peanut The Squirrel and Act I: The Prophecy, all had sub-$100 million valuations at the time of their listing.
In this article, we list 5 meme coins that could potentially be listed on Binance next.
Pepe Unchained (PEPU)
Pepe Unchained (PEPU), one of the most hyped presale coins this year, is drawing considerable Binance rumours.
The PEPU presale has already raised nearly $30 million. In comparison, First Neiro On Ethereum and Act I: The Prophecy had $15 million and $20 million valuations respectively at the time of their Binance spot listings.
The FOMO surrounding the meme coin has reached a fever pitch after the announcement that the presale would end on December 4th. Moreover, the announcement also hints at listings ‘major exchanges’, which is further fueling the Binance rumours.
The presale is now adding nearly $1 million daily behind large whale investments. A deep-pocketed whale has now swapped $320k worth of ETH for PEPU. Moreover, the Pepe Unchained presale has now recorded over 100,000 transactions, which fits Binance’s criteria for strong community support.
Recently, Binance Square published an article on its platform, which also discusses Pepe Unchained as a potential candidate for the next meme coin listing on the exchange.
Unsurprisingly, smart money investors are quite bullish on PEPU’s upside potential, owing to its utility-driven nature, attractive staking rewards and strong presale performance. A few crypto influencers are even calling it the next 100x meme coin.
Department Of Government Efficiency (DOGE)
The Department Of Government Efficiency is a new cost-cutting agency established by President-elect Donald Trump, which will be led by the world’s richest man Elon Musk and biotech investor Vivek Ramaswamy.
Unsurprisingly, experts believe that a meme coin named after the department is an excellent candidate for the next Binance listing.
DOGE – not to be confused with Dogecoin – has already been a remarkable success. Its price is up by nearly 3000% in the past month, spurred by Trump’s landmark win in last week’s US presidential elections.
The DOGE price is currently facing a pullback as whales appear to be locking in their profits. However, the exit of whales makes the meme coin even more decentralized, which could result in a Binance listing in the coming days.
Degen (DEGEN)
Binance is looking to list meme coins from a wide range of chains, as evidenced by its recent Futures listing of Sudeng (HIPPO), the Sui-based meme token.
Unsurprisingly, the second-largest Base meme coin Degen (DEGEN) is an excellent candidate for Binance.
DEGEN has established its suitability for top-tier exchanges, considering it is already listed on Coinbase. Moreover, prominent crypto influencers like Nebraskangooner are bullish on its upside potential.
The Degen price is already up by 150% over the past week. However, it still has a market cap of just $375 million, which fits Binance’s criteria for low-FDV meme coins.
DEGEN appears to be an excellent investment for sidelined investors. If a Binance listing does pan out, it could be the next billion-dollar project in the sector.
Flockerz (FLOCK)
Flockerz (FLOCK) is another strong candidate for the next Binance meme coin listing.
This chicken-based project has branded itself as the people’s meme coin, prioritising decentralization and community above all else.
Flockerz has introduced full DAO governance, a rarity in new meme coins. Moreover, it is launching a vote-to-earn platform. The Flocktopia DAO will comprise solely FLOCK holders, who will decide the direction of the project with their votes and receive attractive monetary rewards in exchange.
Flockerz also has a native staking protocol, which is currently offering an APY of over 1000%.
The new meme coin has strong community backing, with its presale having already raised over $1.7 million in a few short weeks. A growing number of prominent crypto influencers are calling it the next 100x meme coin.
Gigachad (GIGA)
Gigachad (GIGA) rounds up our list of meme coins that could potentially be the next Binance listings.
GIGA has already been an extremely successful project. Backed by prominent influencers like Ansem and Murad Mehmudov, it recently had a peak market capitalization of $760 million.
However, the meme coin is currently witnessing a significant pullback and is down nearly 50% from its previous all-time high. As previously stated, this is precisely when Binance chooses to list the token on its platform, after the early buyers and whales have exited.
Gigachad could be an excellent investment for sidelined investors, considering experts believe that it could have a peak valuation of over $10 billion in 2025.
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Source: https://en.cryptonomist.ch/2024/11/14/5-meme-coins-that-could-be-the-next-binance-listings-giga-degen-and-more/