Good work!

They outlined future investments in that report but no one's talking about it.
Backed by Binance = 50-100x in Q3-Q4.
I went through the entire 160-page document and found the projects they invested in👇🧵

On July 16, Binance officially published a half-year report focused on the current state of the market and viral narratives.
https://binance.com/en/research/analysis/half-year-report-2024

Besides the general analysis, their team highlighted multiple promising projects in the report.
These projects span across different blockchain ecosystems and cover various use cases from DeFi to decentralized data storage and innovative community initiatives.

I studied the entire document and pinpointed the most promising project in their opinion.
Statistically, 9 out of 10 projects supported by Binance do very well and print massive x10-100 returns👇

▫️ $XVS @VenusProtocol
is an AMM and synthetic stablecoin protocol launched exclusively on BNB Chain.
Venus is mentioned in the report as the leading DeFi dApp with $1.4B TVL.
➢ Price: $7.46
➢ Market Cap: $119M

▫️ $JUP @Jupiter 🪐
is one of the most advanced swap aggregation engines and the biggest DEX on Solana.
The research states that Jupiter became a key part of the Solana ecosystem by driving more volume and reducing fees.
➢ Price: $1.14
➢ Market Cap: $1.5B

▫️ $APX @APX_Finance
is the foremost DEX for crypto derivatives on BNB and opBNB chains.
Binance is going big on the opBNB ecosystem and wants to draw attention to one of the largest dApps out there.
➢ Price: $0.045
➢ Market Cap: $20M

▫️ $AMB @ambientnetwork
is the world's largest web3 network for environmental monitoring.
Ambient is backed by Solana Ventures and described as a very promising environmental DePIN protocol.
There is no token yet but you can already test their products for potential rewards.

▫️ $BERA @berachain
is an EVM-compatible L1 chain built on the Cosmos SDK.
Berachain is mentioned multiple times in the research and described as one of the more interesting new L1s.
There's no token yet but you can become early by interacting with the latest Bera testnet.

▫️ $HNT @helium
is a decentralized blockchain-powered network for IoT devices.
The research states that Helium, a crypto-powered 5G cellular network, is one of the best DePIN protocols currently on the market.
➢ Price: $5.38
➢ Market Cap: $864M

▫️ $KILO @KiloEx_perp
is a perpetual DEX on BNB and opBNB integrated with LSDfi.
It was also mentioned in the report and incubated by Binance back in 2023.
There's no token yet but they're running a Binance campaign and you still can get in → https://binance.com/en/activity/mission/airdrop-kiloex

▫️ $RENDER @Render Network
is a distributed GPU rendering network built on the Solana blockchain.
Render is mentioned 3 times in different sections of the research and named as a great example of an infrastructure protocol for AI.
➢ Price: $6.75
➢ Market Cap: $2.6B

▫️ $CAKE @PancakeSwap
is a decentralized crypto exchange known for low fees and fast transactions.
PancakeSwap remains the leading DeFi dApp across the Binance ecosystem and was naturally mentioned as many as 3 times in the research.
➢ Price: $2.0
➢ Market Cap: $481M

▫️ $HONEY @Hivemapper
is a system that incentivizes map coverage, freshness, and quality with ownership.
Hivemapper has already mapped over 20% of the global road network and is described as one of the most promising DePIN projects.
➢ Price: $0.08
➢ Market Cap: $167M

▫️ $NEAR @NEARProtocol
is a layer-one blockchain that was designed as a community-run cloud computing platform.
NEAR has been recently active with a particular focus on the Crypto AI sector and mentioned multiple times in the research.
➢ Price: $5.86
➢ Market Cap: $6.4B

▫️ $DRIFT @DriftProtocol
is a fully on-chain perpetual and spot DEX built on Solana.
The research highlights that Drift is set to allow its users to long/short tokens directly on Twitter which could be massive for crypto adoption.
➢ Price: $0.4
➢ Market Cap: $73M

▫️ $MET @MeteoraAG
is a set of DeFi primitives to power liquidity across Solana.
Binance research emphasized Meteora's feature to trade memecoins directly on the timeline.
As of today, you can potentially get future token rewards by interacting with Meteora liquidity pools.

▫️ $XAI @XAI_GAMES
is the world's first Layer 3 solution for AAA gaming built on Arbitrum.
Xai has its own subsection in the Binance research and is given as an example of the most promising gaming ecosystem.
➢ Price: $0.34
➢ Market Cap: $95M

▫️ $TNSR @Tensor
is the largest NFT marketplace on Solana.
Although the NFT sector is far away from its peak, Binance has high hopes for Tensor due to its season airdrop model and token performance since the launch.
➢ Price: $0.5
➢ Market Cap: $63M

That's a wrap for now!
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