- Binance listed 15 new meme coins in 2024, with 80% seeing major market cap increases.
- NEIRO saw a staggering 7,594% price surge after its Binance listing.
- Animal-themed “Zoo Series” coins make up over 80% of Binance’s meme coin offerings this year.
Binance has had a significant impact on the crypto market this year by focusing on meme coins, listing 15 new meme coin projects since the beginning of the year.
These tokens, which have gained popularity largely through community-driven hype, have seen a remarkable surge in market interest following their listings on the world’s largest crypto exchange.
According to data, 80% of the listed meme coins have experienced significant increases in market capitalization. Some, such as “First Neiro on Ethereum,” have seen dramatic price gains. NEIRO rose by 7,594% after its listing on Binance, becoming one of the top performers in the meme coin sector this year.
A Closer Look at the Data
Of the 15 meme coins listed by Binance this year, 60% are deployed on the Solana network. Meanwhile, 26.7% of the listed coins are based on Ethereum, with smaller portions hosted on Binance Smart Chain (BSC) and Base. This distribution mirrors the current meme coin ecosystem, where Solana has emerged as a key platform.
Interestingly, Binance’s approach to meme coin listings has been relatively cautious. Only 5 of the 15 coins were listed for both spot and futures trading.
Market Capitalization Growth
All of the meme coins listed this year on Binance have exceeded a market cap of $100 million. The largest market cap belongs to WIF, which currently boasts a valuation of $2.51 billion. On the other end of the spectrum, “Neiro Ethereum” holds the smallest market cap at $102 million.
With 80% of the listed tokens showing significant growth post-listing, Binance’s platform plays a key role in driving up the prices of these tokens.
One interesting trend in this year’s meme coin offerings is the prevalence of “Zoo Series” coins—tokens with animal-themed names and branding. These coins account for more than 80% of the meme projects Binance has listed so far in 2024. From the rise of BONK, MOG, and MYRO, animal-themed meme coins have captured the attention of crypto communities.
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