12 Out 15 Memecoins Listed on Binance Saw Exponential Gains

Binance’s approach to listing memecoins in 2024 has drawn significant attention, with varying impacts on token prices post-listing. Pseudonymous on-chain analyst Ai_9684xtpa recently analyzed the performance of 15 memecoins listed on Binance this year. The findings revealed that most tokens experienced substantial price increases, while a few faced depreciation after being introduced to the exchange. The mixed outcomes reflect the volatile nature of the memecoin market and Binance’s selective listing strategy.

Source: Twitter

Majority of Listed Memecoins See Price Gains

Among the listed tokens, 12 saw notable price appreciation following their Binance debut. Neiro (NEIRO) recorded the most significant growth, with a staggering 7,600% increase in value. Tokens such as Moo Deng (MOODENG), Dogwifhat, and Popcat (POPCAT) surged by over 200% post-listing. Popcat’s price jump highlights how a listing can drive investor interest and trading volume. These dramatic price shifts suggest that a Binance listing often acts as a catalyst for increased demand and liquidity.

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