Binance sent shockwaves through the meme coin world yesterday with an announcement on X that the exchange would open trading on $TURBO, $NEIRO, and $BABYDOGE, three of the largest meme coin gainers this year.
The news came at the end of a week-long bull run in meme coin prices and sent the value of the three tokens soaring.
Meme Coin Listings Focus on Up-and-Coming Tokens
Binance’s meme coin listing announcement really shook up the meme coin market because the exchange skipped over several top 10 meme coins—like Popcat, Brett, and Cat in a Dog’s World—that are next in line by market cap.
Instead, the exchange added three tokens that are surging in trading volume and that look more like up-and-comers than established incumbents.
Turbo exploded nearly 1,800% in April and May, and has held onto most of its gains since. It’s now the 17th-largest meme coin with a market cap of $288 million, and it jumped an additional 25% on news of its Binance listing.
Binance’s choice to list First Neiro on Ethereum was especially surprising. The exchange passed over the original Neiro Ethereum token, choosing instead to list a copycat that has pumped in the last few weeks. It rocketed more than 10x on news that First Neiro on Ethereum, would trade on Binance and has now left Neiro Ethereum firmly in the dust.
Baby Doge Coin is the 13th-largest meme coin and has rocketed nearly 90% in the past 7 days of trading, with most of that coming after the token began trading on Binance. It’s now the biggest gainer among large market cap meme coins for the month of September.
Binance listed all three tokens with the ‘seed’ tag, indicating that they may be more risky than other coins that trade on the exchange. That’s common for meme coins on Binance, which are known to be somewhat volatile.
Notably, the listing announcement came as a complete surprise for meme coin traders and analysts alike. Binance didn’t give any prior warning and listed the tokens for trading within hours of its tweet.
Investors in $TURBO, $NEIRO, and $BABYDOGE had about an hour to deposit their tokens on the exchange to prepare for the start of trading.
Binance Follows Up with Hamster Kombat Listing
Binance followed up its listing of $TURBO, $NEIRO, and $BABYDOGE—which are now trading—with another announcement that it would list the not-yet-released $HMSTR token when it launches.
https://x.com/hamster_kombat/status/1834251006193836164
$HMSTR is the upcoming token of the Hamster Kombat tap-to-earn game on Telegram, which has attracted more than 55 million players. The $HMSTR token airdrop has been teased for months and excitement is reaching a fever pitch.
Binance’s decision to list $HMSTR shows that the exchange is making a strong move into the meme coin world and supporting tokens that haven’t launched yet. That bodes especially well for future commitments to list new tokens before they even finish their ICOs.
Is Crypto All-Stars the Next Binance Listing?
The massive price bump that each meme coin experienced after Binance’s announcement is very appealing to traders and investors, so it’s no surprise that the hunt for the next meme coin to list on Binance got underway immediately.
Many traders have homed in on Crypto All-Stars, a new project that rewards investors in major meme coins, as the most likely token to list on Binance next.
Crypto All-Stars gives investors in tokens like $DOGE, $SHIB, $PEPE, and $TURBO a chance to stake their coins to the project’s ‘Meme Vault’ and earn rewards in $STARS tokens. The more meme coins investors stake, the more $STARS they earn.
Even better, investors who stake $STARS alongside their other meme coins can earn up to 3x the rewards rate of investors who only stake major meme coins. That drives significant demand for Crypto All-Stars’ native token and encourages long-term holding.
The Crypto All-Stars presale is going on now and has raised more than $1.3 million in just a few weeks, a strong indicator of just how excited meme coin investors are about this project. Crypto analysts have lined up behind $STARS, too—Jacob ‘Crypto’ Bury predicted it could be the next 10x token.
The Crypto All-Stars presale is offering staking rewards up to 1,129% APY for early investors. The project has also undergone security audits from Coinsult and SolidProof, which is important for any potential Binance listing.
Don’t miss this chance to buy $STARS during the presale and be ready when Binance drops its next big meme coin listing announcement.
