In 2024, Binance listed notable meme coins from the Solana ecosystem, including PNUT (Peanut the Squirrel) and ACT (AI Prophecy):
PNUT: $PNUT This coin was created in tribute to a squirrel named Peanut, whose story gained widespread attention on social media. After being listed on Binance, PNUT's market capitalization surged from $128 million to over $1.3 billion within 48 hours, with its price increasing by more than 280%. Its popularity was fueled by the touching backstory and endorsements from public figures like Elon Musk.
ACT: $ACT Integrated with AI technology, this meme coin initially faced challenges due to the developer abandoning the project. However, after being listed on Binance, ACT saw a dramatic price increase of 2100%, with its market capitalization growing from $20 million to over $650 million. Despite this growth, ACT sparked debates due to its lack of community-driven support.
Both coins experienced explosive growth thanks to Binance’s listing strategy but also reignited discussions about listing standards and the long-term viability of meme coins
