According to the announcement: Binance platform will launch SLERFUSDT perpetual contract at 19:30 (Eastern Time) on November 21, 2024

That’s right, it’s another project on the Sol chain! According to Onchain Lens monitoring, as Binance announced that it would launch SLERF, a whale spent 10,790 SOL (about 2.62 million US dollars) to buy 6,132,123 SLERF. It has to be said that the whale’s vision and news are unique! #slerf

After all, it has been listed on platforms such as OKX, Bitget, and Gate, but not on Binance. According to Wintermute, it received SLERF tokens worth $1.2 million from OKX. This information is very important because Wintermute received a certain amount of ACT tokens before it was listed on Binance. Therefore, SLERF was naturally included in the list with the expected backing.

Let’s take a look at the performance before and after the launch:

Sloth (SLERF) dropped nearly 10 times from the top, bottomed out at around 0.12 and then rebounded to around 0.16 for consolidation. Through the market data, Dean Wolf noticed an obvious signal of accumulation! $BNB

On November 21, possibly affected by the news that "Binance Futures will launch SLERFUSDT", SLERF rose by more than 65% in a short period of time, and its market value was temporarily reported to be US$210 million.

What is Slerf?

Slerf is a MEME coin with a sloth as the main image, which was released by grumpy on Solana in March 2024. At that time, the market was affected by the phenomenal project BOME effect, which led to the popularity of a group of MEMEs centered on pre-sales and fair launches, and Slerf was one of them.

SLERF's market value exceeded $600 million in 3 hours

Slerfsol, the founder of the Slerf project, posted on the X platform that he destroyed LP and airdrop reserved tokens due to an error, and the coinage rights have been revoked, and he can't do anything. It was thought that the meme project SLERF, which raised more than 50,000 SOLs, was aborted, but it was unexpected that this move made SLERF break the previous record of BOME taking 9 hours to break the market value of 100 million. In just 30 minutes, SLERF's market value exceeded 100 million, becoming the new king of meme. $BOME

After Slerf, what will be the next one to be listed on Binance?

Many fans have discussed with me about the next project that can be listed on Binance. I have summarized them as follows:

ACT and PNUT, which have been listed recently, have become hot topics of discussion. ACT has increased by more than 2000% in 24 hours, breaking the record of the increase in the first day of listing of new coins on Binance. As competition gradually accumulates, more and more Meme coins may be listed on Binance in the future:

1. A16Z: ai16z is a decentralized AI trading fund based on Sol chain, endorsed by Marc, the founder of a16z.

2. Ban (SOL Chain): Ban is a new concept, supported by Sotheby’s auction house. Michael, Vice President of Sotheby’s, wrote that BAN token is a spontaneous project deployed by himself.

3. LUCE (SOL Ecology): Luce is the Vatican’s Jubilee mascot. Wearing a yellow raincoat and a pilgrim’s cross, Luce’s mission is to lead young pilgrims towards hope and faith.

4. Cheems (BNB ecosystem): Cheems was initially airdropped after the zkSync mainnet was launched, and its market value once rose to tens of millions of dollars, but as the popularity declined, its market value fell to less than one million dollars.

5. DeSci track: the future path that will subvert traditional medical research and development, among which RIF has the loudest voice!

6. MOODENG Hippo IP: Vitalik visited the zoo and put on hippo clothes. But there is already a hippo worth hundreds of millions of dollars on the chain. New hippo concepts appear every day, which shows that the popularity of hippo is still there.

About DeSci Track: RIF Possibilities

In the past year, VC coins have received a lukewarm response. Bitcoin has hit new highs, while some VC coins have hit new lows since they were launched. In addition, the industry narrative has encountered a bottleneck. Although Ethereum has recently gained momentum, the 100-point increase has made many people anticipate the arrival of copycats. At this time, many people began to look for opportunities on meme, and the market has been in a pure pvp state! #DeSci热度上涨

Since Binance Labs announced its investment in BIO Protocol, DeSci tokens such as VITA, GROW, and RSC have all risen sharply, and have maintained strong performance during the recent market correction.

DeSci, as a scientific research method that applies decentralized technology, combines with blockchain to change traditional science (TradSci). With CZ’s mention and the founding of ResearchHub by the founder of Coinbase, the concept of DeSci has entered the field of vision of crypto professionals for the first time!

Traditional medical research and development has long been monopolized by large companies and large funds, with information being closed to each other, data being opaque, and resources not being shared, which has greatly limited the efficiency and innovation of medical research. The rise of blockchain and decentralized science (DeSci) is breaking this limitation!

On November 13, CZ posted on the social platform X, saying: "Learning at a small DeSci entrepreneur gathering organized by Binance Labs", and attached a photo with Vitalik (V God).

In this event, V God showed CZ VitaDAO’s first longevity product VD001, a natural high-dose spermidine supplement approved by the Thai FDA. CZ also hopes to see 1,000 DeSci projects next year. It seems that he has high expectations for this field.

Why is RIF a Meme Coin that is expected to be listed on Binance?

1. RIF, the leader in the DeSci track, is decentralized science

For Desci's targets, the best ones at present are $rif and $uro. The popularity of AI MEME was triggered by a16z's investment of 50,000 US dollars, while the popularity of desci was caused by cz and binance. I think the latter crushes a16z in terms of strength!

2. Market value exceeds 100 million US dollars Market value exceeds 100 million US dollars

In the current Meme coin market, projects with a market value of this level basically have the conditions to go online, especially the focus of the contract market. Yijie also said in an interview that she hopes to see more value-creating projects. What is the value of meme? Maybe Desci has made a sample.

3. Background of RIF

The Binance Labs investment provides a strong endorsement for RIF, which in itself increases the possibility of its further development in the Binance ecosystem.

4. Number of coin holders and stable growth

The number of coin holders and transaction volume are growing steadily. The number of coin holding addresses and transaction volume are important indicators for Binance to select coins. RIF’s data meets its requirements, and I feel that the community foundation is also very good.

5. Both social significance and commercial value

RIF is not only a Meme coin, but also has a dual positioning of substantial social significance, which will undoubtedly increase its market attention.

In general, $RIF has multiple advantages that are in line with Binance's coin selection logic. Whether it is market capitalization, track prospects, or relationship with Binance, this coin is likely to become the focus of the next round of contracts or spot markets. This is a brand new narrative and a brand new way of playing, and meme coins will also be sublimated! At the same time, the combination of web2 tradition and web3 meme has broken through the industry barriers and will bring more fresh blood.

The above is just my personal opinion. Whether the Desci track can be pushed to a new height remains to be tested by time.