The report explains how they choose which meme coins to list.

With the inclusion of currencies such as

• ‎$PNUT

• ‎$ACT

• ‎$HIPPO

Which led to millions in profits.💵

Here's the summary: Your guide to seizing the next meme coin opportunity 🧵👇

● This report provides essential insights for meme coin enthusiasts to know:

- The cultural wave behind meme coins

- Why is it so accessible?

- Key market narratives that impact the industry

- Trends that cannot be ignored

- Challenges ahead

>◇ Full report: (If you want to read the full 17 pages) 👇

https://www.binance.com/en/research/analysis/understanding-the-rise-of-memecoins/

What's trending right now?

☆ Meme coins are all about community enthusiasm.

☆ Check if the currency is linked to any recent news.

☆ Use TweetScout to check if top influencers support this initiative

☆ Visit their Telegram group to check out community activity.

Focus on fair release

☆ Choose coins that are listed on decentralized platforms rather than those funded by venture capital investors.

☆ Coins that are listed directly on decentralized exchanges (DEX) tend to have transparency issues, as insiders and venture capitalists have the opportunity to act at the expense of retail investors.

Find disguised meme coins

☆ Meme coins with funny or cultural stories attract stronger communities.

☆ Focus on popular memes with well-known origins for a better chance of success.

◈ Key resources for tracking meme coins:

➠ Dexscreener

➠ Photon

➠ Dune

Bundles Warning

☆ Use TrenchRadar to check if developers have minted tokens.

☆ Monitor the pool size closely; even 10% can lead to a rug pull in less than an hour.

■ Assemblies aren't always bad, but if you're a beginner, it's best to stay away from them.

● Summary

☆ Binance looks for meme coins that have a strong and active community, prefers fair launches that allow everyone access, and avoids tokens controlled by insiders.

☆ They seem to prefer tokens that have cultural appeal, and stories or themes that connect with a broad audience.

☆ They also take into account whether there is real demand and interest in trading the currency, to ensure it has potential in the market.

Diversify your assets

99% of all meme coins are scams and will expire!

☆ Diversify your assets across multiple projects to reduce risk.

☆ Avoid putting all your money into one meme coin; the volatility of this market can wipe out profits in seconds.

Finally, how close are you to listing on Binance?

● Does your currency have a strong and engaged community?

● Was it launched fairly and transparently, with access for all without domination by insiders?

● Does it have cultural significance that resonates with a wide audience?

● If yes, your listing on Binance is waiting for you!

Comment with meme coin if you expect it to be listed on Binance