In this round of crypto bull market, everyone agrees that Memecoin is a core track that cannot be ignored. Whether it is retail investors, institutions or exchanges, their attention is focused on this track. This also includes Binance, the world's number one exchange.

As the largest exchange in the crypto market, Binance not only provides sufficient liquidity for project tokens, but also provides enough attention and focus to put the project itself in the spotlight.

It can be said that the listing of Meme on Binance Exchange has brought a huge boost to the currency price, an excellent publicity for the project itself, and to a certain extent symbolizes the trend of the crypto market.

Next, I will sort out the regular characteristics of these projects that have been listed on Binance, as well as these Meme projects listed on Binance.

List of memes listed on Binance

Judging from historical data, although Binance had previously announced the listing of Meme, starting from the second half of this year, Binance began to focus on Memecoin as a track for observation and listing.

Since the first half of this year, Bitcoin has been in a period of volatility, the entire crypto market has been stagnant, and the VC coins that have been criticized by everyone have not shown any improvement. Instead, the Meme track has slowly begun to emerge. After September, Binance has also significantly adjusted its coin listing strategy and began to intentionally layout the meme track, listing many Memecoins including those shown in the picture above.

Meme data features listed on Binance

As shown in the above figure, most memecoins are in a volatile low position in the first three days after Binance announces the listing. After Binance announces the listing, they will usher in an increase usually ranging from 200% to 1000%. This increase space is generally related to the current market value.

Usually, after the market opens, memecoin may see a wave of increases on the same day, but will generally be followed by a correction in the next few days. Therefore, if you already hold meme tokens, it is undoubtedly a better choice to sell part of them on the day of listing.

The price trend of the currency after the opening is worth studying. Generally speaking, if this currency has not been very popular or has not experienced a bloodbath before listing, the callback of this memecoin is generally not large, about 30~60%, and it is in a negative decline state. It is highly likely that it will not fall below the Binance opening price, and then it will gradually regain the rhythm and continue to rise.

However, if the currency is also quite popular before it is listed on the exchange, or if the project team is quite capable so that the token itself has a lot of profitable positions, then listing on the exchange is likely to become a way for it to sell its tokens, which will be reflected in the currency price falling continuously, and even falling below the Binance opening price.

Therefore, you should try your best to find the first type of projects. Judging from the data, for the first type of projects, even if you rushed in at the beginning of the market opening, you will basically not lose money even if there has not been a big increase now, and you are in a state of small surplus.

Binance’s considerations when choosing Meme

Although there are not many memecoins on Binance now, we can still observe certain characteristics, which can help us ambush memes that may be listed on Binance in the future (the next article will write about the currencies that I think can be ambushed).

I think the dimensions that Binance considers when choosing a meme are:

- A good community atmosphere is not just about the number of people, but also about cohesion
- The narrative should be long-term, and it should be able to stand on its own but not be a one-shot trend.
- High fever, or a history of high fever
- Chips are dispersed, not to make wedding clothes for the banker
- New track, representing the new direction of the market

There may be other dimensions for some individual projects, but I think it mainly revolves around the above dimensions. After all, as the largest exchange in the crypto market, Binance itself cannot often just consider the popularity issue. There are many things that need to be considered.

Based on these dimensions and characteristics, I have selected some projects that may be listed on Binance and can be observed or ambushed. I will leave them for the next article.