In particular, many investors are turning their attention to meme coins again, with a specific focus on identifying which meme coins Binance might list next. A Binance listing is an event that causes your investment to explode by over 50x, as evidenced by its 2023 listings on $PEPE and $BONK.
It’s challenging to identify potential Binance listings with hundreds of options. The good news is that we’ve identified five top meme coins that we believe Binance will likely list next in 2024.
In a recent development in the crypto landscape, earlier this year, the Financial Intelligence Unit (FIU) banned nine offshore cryptocurrency exchanges such as Binance, Kraken, and Kucoin, among others, in India, as they were found to be non-compliant with India’s Prevention of Money Laundering Act (PMLA) 2022. However, it is worth noting that tokens that go on Binance are more likely to get listed on FIU-compliant entities. When investing in those, knowing that a token is listed on Binance is a valuable piece of information for traders.
The five best meme coins that Binance might be listing next in 2024
- Smog Token ($SMOG): A newly launched viral airdrop meme coin sensation
- Spongebob Token ($SPONGE): A 2023 meme coin hit back for another 100x ride
- Meme Kombat ($MK): A unique betting battle arena meme coin platform
- Bitcoin Minetrix ($BTCMTX): A stake-to-mine cloud mining ecosystem with a buzz
- Myro Token ($MYRO): An adorable meme coin based on Solana founder’s dog
How does Binance choose its meme coins?
Before we dive into each meme coin individually, let’s examine the criteria Binance uses to select its listing process for meme coins.
None of this is official from Binance. However, an analysis of prior listings presents key specifications that Binance prefers when listing a meme coin.
There are two specific listings we look at from 2023 to provide clues about what Binance looks for when listing a meme coin: $PEPE and $BONK.
$PEPE was around for weeks before it hit Binance’s radar. It was trading at a market cap below $100 million throughout April 2023 but surged as high as $1.8 billion when it was listed on Binance on May 5, 2023:
$BONK was listed on Binance on December 15, 2023. Following its listing, $BONK exploded and climbed to a market cap high of $2 billion:
What we can take from these two case studies is that Binance lists meme coins that have the following components:
- An established viral meme coin
- A large community and following
- A minimum of $100 million market cap
- A swift rise to sensation status
These four components are essential for a meme coin to be potentially listed on Binance.
Here are the five top meme coins that exhibit these components, paving the way for a Binance listing.
1. Smog Token ($SMOG)
Smog Token ($SMOG) tops the list of meme coins Binance will likely list next in 2024. The token launched fairly on February 7 through Jupiter DEX and surged by over 2,000% in its first week, demonstrating the extraordinary viral hype behind the project.
Smog Token brings a unique airdrop utility to the meme coin sector that provides an avenue to earn airdrop points by holding $SMOG.
Furthermore, its Zealy campaign provides another route to accumulating airdrop points by completing social engagement quests, such as liking Tweets and joining the project’s Discord.
With over 55,000 quests completed, $SMOG has a huge buzz surrounding it and is turning into a meme coin sensation.
The project is quickly approaching the $100 million market cap, making it a prime option for a Binance listing.
2. Spongebob Token ($SPONGE)
Spongebob Token ($SPONGE) is another candidate that leads the race towards a potential Binance listing.
$SPONGE is a meme coin hit that delivered a 100x ride in 2023 as it surged to a $100 million market cap. The project is back with another incarnation to deliver similar returns.
Those looking to participate in $SPONGE V2 must bridge V1 $SPONGE in the stake-to-bridge mechanism to receive an equivalent amount of V2 $SPONGE when it launches.
Overall, Spongebob Token seems to fit the criteria required to be listed on Binance, and it shouldn’t be a meme coin to fade in 2024.
3. Meme Kombat ($MK)
Spotlight WireInvestors believe that Meme Kombat ($MK) has the potential to become an umbrella project for all meme coins.
The project brings a unique betting battle arena where users can place wagers on the outcome of battles between their favourite meme coin mascots, with AI visualisation bringing the battles to life.
Meme Kombat has the hallmarks of a meme coin sensation in the making, as it can attract a massive audience from every meme coin project in the sector.
The project currently hosts a rapidly progressing presale, with many investors expecting 10x gains as soon as it launches.
4. Bitcoin Minetrix ($BTCMTX)
Spotlight WireAlthough not strictly a meme coin, Bitcoin Minetrix makes this list as it meets all the criteria for a Binance listing, especially with the Bitcoin block halving incoming.
Bitcoin Minetrix introduces a novel stake-to-mine ecosystem that lets everyday users mine Bitcoin without buying or maintaining expensive hardware.
The project is tokenising cloud mining, helping eliminate scams plaguing the industry.
Users can buy and stake $BTCMTX to earn mining credits, which can be burnt in exchange for mining time.
Bitcoin Minetrix is gaining popularity as investors believe it has the potential to explode following the Bitcoin block halving.
5. Myro Token ($MYRO)
Spotlight WireMyro, a meme coin based on the dogs of one of the Solana founders, has a solid potential for a Binance listing
The project continues the dog-based meme coin narrative and is gathering momentum after surpassing the $100 million market cap. It also features utilities like a buy bot and staking service.
With a strong community, lovable meme design, and huge market cap, $MYRO is a potential candidate for a Binance listing.
Disclaimer: The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
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