BNB reaches ATH, pick out 6 new projects with the most potential

As BNB reaches its ATH, a new round of BNB ecological narrative will attract widespread attention.

Until recently, BNB Dapps’ take-up was close to a bottom, so BNB-Beta may also start a price discovery run.

BNB - Beta Watchlist:

• $FLOKI: The most popular meme on BNB

• $CAKE: The first real meme casino during the last bull run

• $AI: Binance Launchpool AI

• $ID: BNB’s domain name service

• $TWT: BNB Chain wallet powered by Binance

• $XVS: No.1 BNB lending protocol

• $BEL: One of the BNB ecosystem tokens with the lowest market capitalization

• $WHY: Early BNB Meme (High Risk)

Additionally, there is the upcoming $LISTA which will be listed via the Binance Mega Drop on June 20th.

I expect it to be one of the biggest beneficiaries of the BNB price increase.

However, in addition to the project tokens that have already been launched, Binance is about to ignite an epic altcoin feast.

Expect to start listing low/mid-sized projects soon, and the next 100x will come from these new, shiny tokens.

In 2021, $FTM achieved 600 times and $MATIC achieved 200 times.

Here are six of the most promising new projects expected to be launched in June.

Binance recently announced a call for small and medium-sized projects to apply for its listing program, which aims to promote the organic and sustainable growth of blockchain projects.

For everyday users, this is a chance to benefit from an early-stage project, and potentially make more profit than Binance’s more recent launches.

Why did Binance make this decision?

Previously, Binance released a research report titled "Low Floating Rate and High FDV: How Did We Get Here?"

The problem highlighted in the report is that the capitalization to FDV ratio of tokens issued in 2024 is the lowest in recent years.

This year’s share has dropped to a low of 12.3%, with the total number of tokens issued close to levels seen in previous years.

This imbalance is creating selling pressure and hurting the market.

According to Binance data, most recently launched tokens have a low circulating supply.

This results in a higher capitalization to FDV ratio.

Finally, Binance listened to the community and decided to include low/mid-cap tokens in the new listings.

The main parameters of the projects that Binance will focus on in this article are as follows:

• Have a strong community and sustainable user growth

• Sustainable business model and MVP

• Large amount of tokens allocated for community rewards

• Technological or design innovation

• Comply with regulatory standards

New Coin > Old Coin

The next 100x will come from newly launched projects that attract everyone’s attention.

As Binance seeks to list low/mid-cap stocks, new gems will have the opportunity to rise quickly in this bull run.

This happened to many tokens in 2021, and it will happen again in this cycle.

Taking into account Binance’s criteria and my thesis on “new shiny coins”, I compiled a list of projects that have a high chance of being listed on Binance once it goes live.

Ionet - $IO

Narrative Section: AI

Ionet artificial intelligence computing cloud platform helps machine learning engineers utilize distributed cloud clusters at a lower cost.

• Provides a 10-15x more cost effective solution

• Supports tasks such as hyperparameter tuning, reinforcement learning, preprocessing, distributed training, etc.

• Management orchestration and fault tolerance

Lingocoins - $LINGO

Narrative section: GameFi, RWA

A gamified, RWA-powered rewards token for the next billion in Web3. Built on Base and Solana.

There are different types of RWA portfolios to choose from:

• Long-term stable return up to 6%

• Major cities only: Dubai, Paris, Miami

• Short-term rentals

Peaqnetwork - $PEAQ

Narrative section: DePIN, RWA

Peaq is a dedicated blockchain designed for DePIN and RWA, enabling the creation of decentralized applications and infrastructure.

Project Benefits:

• 100,000 transactions per second

• Operational environmental sustainability

• Support decentralized economy

Movementlabsxyz - $MOVE

Narrative Section: Modular

Movement is a modular blockchain network built on the Move programming language that enables Sui, Aptos, and EVM users to use L2.

• First parallelized Move - EVM

• < $0.01 Gas Fee

• Theoretical 160,000+ TPS

Plumenetwork - $PLUME

Narrative section: RWA

Plume Network’s modular L2 blockchain designed for RWA integrates tokenization directly into the chain.

• Enable users to deploy any asset onto the Plume blockchain

• Simplify RWA integration with Dapps

• Enhanced liquidity of tokenized RWA

Getgrass_io - $GRASS

Narrative section: AI, DePIN

Grass is a platform that utilizes your unused internet resources and sells them to AI companies for web scraping and AI model training.

• Developing the first Layer 2 data aggregation

• Allow users to passively earn money through the Internet

Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.

Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.

I hope this topic is helpful to you. 🙏Thank you for your likes and support👍