Identifying the market-leading trend with Binance Listing
2024 is expected to be the year the crypto market will grow strongly. However, Binance's excessive listing seems to have changed the criteria for approving projects.
📅 Before Halving: Projects listed by Binance have in common that they are all related to Games and game development infrastructure such as: $XAI, $PIXEL, $RON, $PORTAL, ...
📅 After Halving: There was a period when Binance listed all coins with the same Restaking trend such as: $ETHFI, $REZ, $ALT, $OMNI, $BB.
👉 Classifying Binance's listing actions:
- Listing coins with scattered trends (AI, L1, Crosschain, L2): Because these are hot coins + of interest to the market => Binance listed them to benefit from liquidity.
- Listing coins according to trends (DeFi - 2020, GameFi, Restaking and the latest is Tap2Earn + Meme): Because this is a trend that the community is interested in + maybe supported by Binance, so it is broadcasted in series like that.
➡️ You can see that Binance focuses most clearly on 4 trends in 2024: GameFi + Restaking + Tap2Earn + Meme
=> Most of these trends are easy to access for users, attract new people easily and are of interest to the majority of the community
Recently, Tap2Earn is an extremely hot trend, emerging as a hope that can pull the market back in a period of lack of liquidity. Binance also did not miss this opportunity to list and take the opportunity to support projects to save the market.
Especially about Meme - Memecoin is a special trend when the story does not need to be too special but lies in pumping - dumping tokens. Putting memes on the exchange and pushing their prices up is also a way Binance can attract users.Typical is $NEIRO recently.
