Binance has announced the listing of three meme coins: Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE) for spot trading. The listing will take effect today at 18:00 (UTC+8), and Binance will also add the Seed Tag to these tokens. The newly added spot trading pairs are NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT.
As is often the case with new Binance listings, all three coins experienced price movements following the announcement. Baby Doge Coin saw the most dramatic increase, with its price surging by 40% shortly after the news broke. TURBO also saw a considerable uptick, with its price rising by 12%. NEIRO, however, experienced a more modest gain of 5-6%.
It’s worth noting that all three of these meme coins have a market cap of over $100 million. In fact, both Baby Doge Coin and Turbo have now surpassed the $200 million mark. This trend highlights Binance’s preference for listing more established cryptocurrencies rather than small-cap coins.
The selection of these three meme coins for listing on Binance underscores the exchange’s strategy of focusing on cryptocurrencies that have already gained significant traction in the market. This approach suggests that Binance is likely to continue prioritizing coins with established market presence and big market capitalization when considering new listings.
Read also: XRP Targets Key Price Level Amid Bullish Momentum: Can It Break Resistance?
PandaWorld Meme Coin: A Potential Binance Listing?
While PandaWorld is still in its early stages and currently far from meeting Binance’s listing criteria. As we’ve seen with NEIRO, TURBO, and Baby Doge Coin, Binance tends to favor more established projects with substantial market capitalizations. If PandaWorld manages to hit the $100 million market cap milestone following its presale and maintains steady growth, it could potentially catch Binance’s attention.
PandaWorld is positioning itself as more than just another meme coin by offering a diverse ecosystem of features. At its core, PandaWorld incorporates Play-to-Earn (P2E) games where players can earn PADW tokens through gameplay.
These tokens can then be staked for additional rewards, creating an incentive for long-term engagement. The project also includes an online casino, which not only serves as an entertainment platform but also generates revenue that is partially shared with PADW token stakers.
Another unique aspect of PandaWorld is its content platform, where users can create and share content, with revenue generated from this activity being distributed among the community. This profit-sharing model extends across all of PandaWorld’s features, with a portion of the revenue from games, the casino, and the content platform being allocated to a central pool. Stakeholders who lock up their PADW tokens receive a share of this revenue.
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