How Binance Itemizing Helped NEIRO Meme Coin Skyrocket 7,594%

• Binance listed 15 new meme cash in 2024, with 80% seeing main market cap will increase.
• NEIRO noticed a staggering 7,594% worth surge after its Binance itemizing.
• Animal-themed “Zoo Sequence” cash make up over 80% of Binance’s meme coin choices this 12 months.

Binance has had a big influence on the crypto market this 12 months by specializing in meme cash, itemizing 15 new meme coin initiatives because the starting of the 12 months.

These tokens, which have gained recognition largely by community-driven hype, have seen a exceptional surge in market curiosity following their listings on the world’s largest crypto change.

In accordance with knowledge, 80% of the listed meme cash have skilled important will increase in market capitalization. Some, similar to “First Neiro on Ethereum,” have seen dramatic worth positive aspects. NEIRO rose by 7,594% after its itemizing on Binance, changing into one of many prime performers within the meme coin sector this 12 months.

A Nearer Take a look at the Knowledge

Of the 15 meme cash listed by Binance this 12 months, 60% are deployed on the Solana community. In the meantime, 26.7% of the listed cash are primarily based on Ethereum, with smaller parts hosted on Binance Sensible Chain (BSC) and Base. This distribution mirrors the present meme coin ecosystem, the place Solana has emerged as a key platform.

Apparently, Binance’s strategy to meme coin listings has been comparatively cautious. Solely 5 of the 15 cash had been listed for each spot and futures buying and selling.

Market Capitalization Development

The entire meme cash listed this 12 months on Binance have exceeded a market cap of $100 million. The biggest market cap belongs to WIF, which at present boasts a valuation of $2.51 billion. On the opposite finish of the spectrum, “Neiro Ethereum” holds the smallest market cap at $102 million.

With 80% of the listed tokens displaying important development post-listing, Binance’s platform performs a key function in driving up the costs of those tokens.

One fascinating pattern on this 12 months’s meme coin choices is the prevalence of “Zoo Sequence” cash—tokens with animal-themed names and branding. These cash account for greater than 80% of the meme initiatives Binance has listed up to now in 2024. From the rise of BONK, MOG, and MYRO, animal-themed meme cash have captured the eye of crypto communities.