ChainFeeds founder Pan Zhixiong outlined the "impossible triangle" for new token launches in 2024, noting it's unfeasible to achieve simultaneously:

⚫ Binance listing

⚫ Low valuation

⚫ Short cliff

That is related to the fact that almost any project listed on Binance will have high valuation, but might have a short cliff. On the contrary, projects that satisfy the other two criteria, are unlikely to be listed on Binance.