Since August, Binance is on a memecoin listing spree.
Unlike high FDV launches, Binance is listing memecoins with < $200M MCap, which has resulted in huge profits for retail.
Let's take a look at few factors in a memecoin that increase its chances of Binance listing
1) Low MCap, High Potential
When it comes to listing memecoins, Binance has shifted its focus to low MCap memes.
Tokens like $NEIRO, $PNUT, and $ACT all had The reason behind listing low-cap memecoins is it ensures high growth potential and also onboards masses to the exchange.
But that doesn't mean every low-cap memecoin will get listed on Binance.
The one factor that plays a very important role is liquidity.
Look for projects whose liquidity is 3% or more of its MCap (if MCap > $15M).
The higher the MCap, the lower the % will be.
2) Cult community, big holder base
A memecoin project is all about its community.
The bigger the community, the higher the chances of success for the project.
You can use Solscan to analyze that data or use a Dexscreener.
Ensure that these holders have token holdings, as few projects create empty wallets just to increase their holders count.
Genuine holders count > 6,000 is worth keeping an eye on.
3) Top 10 wallets holding
Higher the concentration of tokens among top whales, lower the chances will be of Binance listing
You can easily spot this data using bubblemaps .
Few whales also distribute their holdings in multiple wallets to make it look less concentrated, but with BubbleMaps, you can spot that too.
Look for projects that have < 25% of supply concentrated among the top 10 whales.
Meanwhile if you want whale signals then you [CLICK HERE!](https://app.binance.com/uni-qr/cpos/16542088460018?r=16995162&l=en-in&uco=gqcaon_a7u7fz7i43kesgw&uc=app_square_share_link&us=copylink) And Follow the steps 😉
4) Survived initial dump
Whether it's NEIRO or ACT, both survived early 80%+ dump.
99% of the memecoins die after the 1st major crash, while those who survive often pump to new highs.
Surviving an initial dump is a sign of a strong community, which is crucial for the success of a memecoin project.
Look at those projects, which
- Survived 75%+ dump
- Holders count and X community increased despite the dump.
5) Funny/catchy project name or ticker
Memecoins are fun, so the project name or ticker should be like that too.
DOGE, WIF, PEPE, and FLOKI—all these memecoins succeeded because they're funny and easy to connect with.
Memecoin should be something that will immediately catch your attention, as it'll have higher chances of going mainstream.
Projects like $MICHI, $DOGE, etc. have such qualities.
6) Smart money buying and holding
Before Binance listing, several whales bought $GOAT, $ACT, $NEIRO etc. and most of them still haven't sold it.
Smart money buying is an indication of good liquidity and high volume, which is essential for a big exchange listing.
But don't buy every memecoin that has whales backing
Here's how you can filter it.
- Look for their past trades to know whether they're diamond hands or not.
- Look at their trade size (Buying $500-$1,000) won't change anything, and it could be simply projects sending them tokens to get free promotion.
An example of this is D.O.G.E., which was accumulated aggressively by theunipcs around $10M, who publicly made $16M with BONK and still holds his position.
Those who followed the trade are up 40x
Conclusion
Even though you'll follow these things, it's not 100% certain that you'll catch the next Binance listing, but this'll surely reduce your risk of getting rugged.
I'll not take any names of tokens that could get listed otherwise people will start calling me part of the cabal group 😁
So, just follow the above steps before picking a memecoin, and you'll make good gains in this memecoin supercycle.
That's the wrap!
If you find this Article valuable.
➡️ Hit like ❤️
➡️ Repost it
➡️ Comment on this article 💬
Follow me at @ygcrypto for more quality crypto content.