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Binance is continuing its meme coin listing spree.
The top crypto exchange in the world has listed First Neiro on Ethereum (NEIRO), Turbo (TURBO) and Baby Doge Coin (BabyDoge) on its Spot market.
— Binance (@binance) September 16, 2024Meanwhile, Binance Futures will list USDⓈ-Margined $NEIRO, $1MBABYDOGE, $CATI and $HMSTR Perpetual Contracts.
This comes after Binance had already listed meme projects like Brett, DOGS and Popcat across its Spot and Futures platforms in preceding weeks.
There is already heavy speculation as to which meme coin could be next, with Memebet Token emerging as one of the probable candidates. For the uninitiated, MEMEBET is the same project that has recently become the Regional Sponsor of the Argentina National Football Team, with some experts viewing it as the next 100x crypto.
Binance Projects An Oncoming Meme Coin Mania, Lists Neiro, Hamster Kombat
Binance has played a crucial role as a catalyst in previous bull cycles, and this time is no different.
As such, there is substantial hype surrounding the imminent release of Binance co-founder Changpeng “CZ” Zhao, even though he has been banned from participating in the exchange’s activities.
🚨 BREAKING: Binance Founder CZ Scheduled for Release on September 29, According to Federal Bureau of Prisons Website. pic.twitter.com/soj3hHaJx7
— Cointelegraph (@Cointelegraph) September 16, 2024More importantly, the largest crypto exchange is taking a much more liberal stance in adding meme coins than ever before. In a span of 24 hours, Binance has announced NEIRO, TURBO, BabyDoge, CATI and HMSTR listings across its Spot and Futures markets.
In particular, its listing of First Neiro on Ethereum on - both its Spot and Futures platforms - is creating quite a buzz.
After all, Binance had already listed Neiro Ethereum (@NeiroOnEthereum) on its Futures platform. Instead of launching the same project on its Spot market, the exchange chose to list an alternative meme coin - First Neiro on Ethereum (@neiroethcto) - which had a market cap of just under $14 million before the listing.
Binance Futures has also launched First Neiro on Ethereum Perpetual Contracts. However, it has yet to decide whether or not to delist Neiro Ethereum, which has plummeted by over 40% since the snub.
On the contrary, the First Neiro on Ethereum price has soared by over 1000% within hours of the listing, with the token now boasting a valuation of $144 million.
Similarly, the Baby Doge Coin price is up by 130% while TURBO has rallied by over 50% since the launch.
It hasn’t missed the experts that Binance appears to be bullish on Telegram-based crypto projects. After listing and heavily promoting Notcoin and DOGS, the exchange has now decided to launch Hamster Kombat (HMSTR), Catizen (CATI) and Baby Doge Coin (BabyDoge).
After all, the over billion users on Telegram make it a hotbed for Web3 adoption, which results in a plethora of successful crypto projects.
Could Memebet Token Be The Next Binance Lisiting?
Memebet Token (MEMEBET) is another Telegram-based meme coin that is creating quite a buzz, especially after acquiring a Regional Sponsorship with the Argentina National Football Team.
MEMEBET is the native coin of the Memebet Casino, the first-ever meme coin-based casino.
Its integration of top meme coins like Dogecoin, Shiba Inu and Pepe as well as its Telegram-based UI has already made Memebet Casino a major player in the crypto gambling industry, with some experts viewing it as a potential alternative to Rollbit.
Memebet Casino is designed for crypto degens, allowing them to play with top meme coins and win P2E airdrops on Telegram, without any hassle for KYC verification. Unsurprisingly, players wagering with MEMEBET will have exclusive bonuses and monetary perks in store for them, including lootboxes which may even have a signed Lionel Messi T-shirt.
The Memebet Token is seeing robust presale funding, having already raised $236k from the early adopters. Experts project that this Telegram-based meme coin will continue its strong performance after its launch, with some even calling it the next 100x crypto.
This would be particularly true if Memebet Token secures a Binance listing.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
