- Only five out of 37 Binance tokens remain profitable in 2024, highlighting market volatility.
- NEIRO has surged 294% since September, showcasing its strong market performance this year.
- AEVO is the biggest loser of 2024, down over 88% since its February debut.
As 2024 continues, the performance of newly listed tokens on Binance reveals a tough year for investors. PANews data shows that out of 37 tokens listed on Binance this year, only five have positive performance.
These tokens include JUP, WIF, DOGS, NEIRO, and TURBO. The rest have declined, with the worst performer, AEVO, falling over 88% since its debut. Most tokens listed this year have lost between 30% and 80%, making investors wary.
NEIRO: The Standout Performer
One of the few bright spots in Binance’s 2024 listings is NEIRO. Since its September 16th debut, $NEIRO has surged by 294%, with a fully diluted valuation (FDV) of approximately $690 million. Despite this success, the token has recently dipped. In the last 24 hours, $NEIRO is down 7.53% to $0.071171, with a 24-hour trading volume of $16.6 million. However, its overall performance makes it one of the best investments of the year.
Read also: New Meme Coins on Binance: NEIRO Dumps, TURBO Soars, BABYDOGE Volatile
Besides NEIRO, four other tokens have bucked the downward trend. JUP is currently priced at $1.04, with a 24-hour trading volume of $331.9 million, showing an increase of 7.46% over the last 24 hours. Similarly, WIF (Dogwifhat) is also performing well, up 4.27% in the last 24 hours, with a price of $2.48 and a trading volume of $446.3 million.
DOGS, however, has seen a slight decline, down 4% in the last 24 hours, but it remains one of the few tokens to avoid the more significant losses experienced by others this year. It is priced at $0.000682, with a trading volume of $73.4 million.
TURBO has also managed to stay in the green, up 1.32% over the last 24 hours. Priced at $0.009695, TURBO has a trading volume of $194.2 million, showcasing moderate yet positive growth.
AEVO: The Biggest Loser of 2024
While a few tokens have survived this bearish environment, AEVO is the worst performer. Since its February 2024 debut, the token has plummeted over 88% to $0.358036. Despite a 24-hour trading volume of $27.7 million, AEVO has not seen a meaningful recovery.
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