Author:Kenny
Edited by: Ddd
As we all know, Binance is the leading cryptocurrency trading platform. As long as a token is listed on Binance, the price will generally increase dramatically. For example, a few days ago, Binance announced that it would launch BLUR spot trading, causing the price of BLUR to rise by more than 30% on the same day.
Therefore, as long as we can predict which tokens will be listed on Binance’s spot trading, we can make arrangements in advance.
But after all, we are not insiders of Binance, and we have no way of knowing the inside information of token listing. Even so, we can still make reasonable speculations based on Binance's listing rules.
According to Binance’s coin listing rules, tokens listed for contract trading will generally be listed for spot trading. Therefore, we can compare and analyze the spot trading pairs and contract trading pairs that Binance has launched, and thus discover those tokens that have been listed for contracts but not yet for spot trading.
The operation method is actually not difficult and can be achieved using EXCEL.
First, use tools such as coinmarketcap to copy the 1,162 spot trading pairs and 282 futures trading pairs listed on Binance into EXCEL tables, and then remove duplicates, sort and compare them. This way, you can find out the currencies that are currently listed on Binance Futures but not yet on Binance Spot Trading.
After comparative analysis, we found that 8 currencies have been launched on Binance contracts, but have not yet been launched on Binance spot trading. These are the projects that we need to focus on.
1. PYTH
Pyth Network (PYTH) is a new oracle project and a representative project of the SOL ecosystem. It aims to provide valuable financial market data on the chain to projects, protocols and the public through blockchain technology. It has integrated more than 90 exchanges, market makers and financial service providers who share their exclusive price data on the chain. Pyth has supported more than $80 billion in trading volume and is currently used by more than 235 on-chain and off-chain applications.
The current market value of PYTH has reached more than 600 million US dollars, but the full circulation market value is more than 4 billion US dollars. Recently, PYTH spot trading has been launched on multiple mainstream trading platforms such as OKX, and Binance has also launched contract trading on November 22.
2. Bigtime
As a star project in the GameFi track, Big Time has attracted much attention from the market. It is the product of the last bull market. It was officially launched in 2021, went online for internal testing in April 2022, and opened the pre-season scratch version on October 10 this year. In essence, it is a massively multiplayer online role-playing game (MMORPG) with gameplay similar to "Diablo".
The game is created based on the Ethereum network and completes the concept of sustainable economic mechanism of the game. The game has a complete gold-making mechanism. Players can obtain the game token BIGTIME through game operations such as brushing dungeons and killing monsters.
Big Time has a luxurious founding team, led by Ari Meilich, the former CEO of Decentraland. Most of the team members come from large game companies such as League of Legends and Fortnite. It has raised nearly 20 million US dollars in financing, and its early NFT sales have also been supported by most users. (Conservative calculation) NFT sales have raised a total of more than 70 million USDT. From the perspective of game development and operation, Bigtime has sufficient funds, with financing plus NFT sales of nearly 100 million US dollars.
Currently, spot trading has been launched on trading platforms such as OKX, and Binance has launched BIGTIME contract trading on October 12.
3. KAS
Kaspa is a POW public chain built on the GHOSTDAG protocol. Compared with Bitcoin, Kaspa mainly changes the structural mode of the blockchain. Bitcoin uses a single chain structure, while GHOSTDAG uses a directed acyclic graph (DAG) structure, in which one block can point to multiple blocks.
The token KAS was launched in November 2021 with a total supply of 28.7 billion and a circulation volume of 21.7 billion, accounting for 75%, with a market value of US$2.8 billion. Since the token was launched, it has increased by more than 700 times, and the increase in the past year has reached 13 times. As the hottest mining coin, KAS was launched on Binance contract trading on November 17. However, major exchanges such as Binance and OKX have not yet launched spot trading.
BONK
Bonk is a MEME Coin built on the Solana chain and the first Dogecoin (a dog-themed emoji token, similar to the well-known Shib) on the Solana chain available to the public.
50% of the project’s total token supply has been airdropped to Solana’s Degen and DeFi traders, NFT artists, and developers. This large-scale airdrop allocation also injects more liquidity into the Solana ecosystem.
Due to the successful revival of Solana, investors seem to have a great hype interest in MEME coins, which has directly led to a further increase in BONK tokens. The price has increased more than 5 times in the past month. The current market value of BONK tokens has reached 220 million US dollars.
Binance launched contract trading for BONK tokens on November 22, but spot trading has not yet been launched on major exchanges such as Binance and OKX.
ETHW
EthereumPoW (ETHW) is a fork of Ethereum (ETH).
As we all know, Ethereum is one of the largest blockchains at present. The consensus mechanism it initially adopted was PoW. However, in September last year, Ethereum successfully completed the fork upgrade and transitioned to the POS consensus mechanism, which means the end of the Ethereum mining era.
On July 27, 2022, ChandlerGuo raised the topic of forking Ethereum on Twitter. The topic received great attention and attracted the participation of some miners, especially those who opposed the Ethereum merger.
At the end of August 2022, ETHPoW advocates expressed their dissatisfaction with Ethereum's switch to proof of stake in an open letter to the Ethereum community, saying that "PoS does change the rules of the game, but only in a bad way."
At this time, Ethereum PoW was born, with the aim of adhering to the PoW consensus mechanism and allowing miners to maintain their income.
ETHW is a fork of Ethereum with a current market value of 290 million. Spot trading has been launched on multiple trading platforms such as OKX. Binance has launched ETHW contract trading on November 28.
6. TOKEN
TokenFi is an asset tokenization platform launched by the star MEME project Floki, which aims to promote the tokenization process of the market. It can be understood as a broad RWA project that helps to tokenize assets, and TOKEN is the project token of the TokenFi platform.
TOKEN's current market value is more than 26 million US dollars. Binance has launched contract trading for TOKEN tokens on November 3. However, neither Binance nor OKX has yet launched spot trading for the token.
VII. ORBS
Orbs Network is an Israeli blockchain IaaS platform dedicated to building a decentralized public platform to help the software application industry achieve blockchain technology transformation.
Orbs is a hybrid commercial public chain that uses the rPoS consensus protocol. It has the advantages of high security, complete decentralization, and fewer nodes. Orbs allocates a dedicated channel for each DApp to help customers focus on DApp development and avoid errors, overloads, and other problems.
ORBS coin is the platform token of Orbs Network, which was issued on April 3, 2019, with a total supply of 10 billion. ORBS has been listed on the spot trading of platforms such as OKX, and Binance has launched ORBS contract trading on October 17.
8. BSV
Everyone is already familiar with BSV. It is a hard fork product of Bitcoin Cash (BCH). Its full name is Bitcoin SV, which stands for Bitcoin Satoshi's Vision. The goal of BSV is to restore and maintain the original Bitcoin protocol described in the Bitcoin white paper released by Bitcoin founder Satoshi Nakamoto in 2008, and to achieve higher scalability.
Due to some disputes between CZ and Craig Wright, Binance removed BSV’s spot trading pairs on April 15, 2019, which had a great impact on BSV. Then, four years later, Binance re-launched BSV’s contract trading on October 20 this year, causing BSV to rise by more than 30% that day.
Although Binance has resumed BSV contract trading, BSV spot trading has not yet been launched.
In short, the above 8 currencies, especially star projects such as PYTH, KAS, BIGTIME, etc., are likely to be listed on Binance spot trading in the near future, which is worth our attention.
