Wintermute holds a market-making position in the Memecoin TOP25, with 64% of the tokens already listed on Binance.

Common traits of tokens listed on Binance: high community engagement, market capitalization between $10 million and $500 million, and Wintermute's initial holding ratio of no less than 1%.

Significant changes in holdings:

1. NEIRO's holding ratio surged to 13.57%, becoming the token with the highest holding ratio.

2. GOAT surpassed MOODENG to become the top-ranked Memecoin by holding.

3. POPCAT's position value increased to $18.1 million, ranking third.

4. REKT, as the latest market-making project, is also worth paying attention to.

Tokens not listed on Binance: Including $PEPECOIN, $APU, $SPX, $COQ, $MANEKI, $michi, $MOTHER, and $BENJI, among which $BENJI is the project with the lowest market capitalization in the TOP25 holdings.