#Binance #Memecoins $BTC $ETH $SOL

Recent trading performance of memecoins on Binance in 2024 has shown significant volatility, with many achieving notable gains. Among the 15 memecoins listed this year, 80% experienced substantial price increases. For example, NEIRO's value surged by an impressive 7,594%, and tokens like Popcat and Moo Deng more than tripled in value shortly after their listings. These surges are attributed to strong community support, speculative appeal, and increased accessibility through Binance's platform【11】【13】.

However, not all memecoins thrived; some, such as Mog Coin and Myro, faced declines of up to 33%. The majority of these memecoins are built on the Solana blockchain (60%), with the rest split between Ethereum, Binance Smart Chain, and Base network【12】【13】.

While the speculative nature of memecoins attracts high-risk, high-reward investors, their long-term viability remains uncertain, and they are highly sensitive to market sentiment【12】【13】. As memeco