The Smart Ape has unveiled a strategic method to identify tokens with high potential before they are listed on Binance, a leading cryptocurrency exchange platform. This method, if executed meticulously, could lead to substantial gains, given the significant price surge tokens experience upon being listed on major platforms like Binance.
What you'll learn 👉
Strategic Importance of Binance Listing
A listing on Binance is a transformative milestone for any crypto project. It not only bestows trust and credibility but also triggers a notable price escalation. Historically, projects listed on Binance have demonstrated the best Return on Investment (ROI) in the before-and-after listing phases.
Strategic Approach to Identifying Prospective Tokens
The Smart Ape shares a step-by-step guide to discern projects before they secure a spot on Binance, potentially enabling enthusiasts to reap substantial gains, averaging 10x. The method revolves around focusing on projects invested in by Binance Labs, the venture capital arm of Binance. Binance Labs extends financial support and personalized guidance to numerous projects, fostering their success.
Utilizing CryptoRank.io
The strategy employs @CryptoRank_io, a comprehensive analytical tool providing detailed insights into various crypto projects. The steps are as follows:
- Navigate to the @CryptoRank_io website.
- Explore the “Fundraising” section for extensive information about fundraising.
- Search for Binance Labs under the “Funds” tab to view all the projects it has invested in.
Filtering and Analyzing Projects
Once the projects invested in by Binance Labs are identified, the next steps involve filtering and analyzing these projects meticulously:
- Exclude projects already listed on Binance and other major exchanges.
- Apply Filters to consider only projects with a Market Cap < $100M, focusing on undervalued projects poised for a Binance listing.
- Narrow Down the list by lowering the Market Cap to $50M if necessary, and study each remaining project individually, with a preference for projects released in the current year.
Discovering Untapped Gems
This method, still underutilized, is potent for discovering intriguing, under-the-radar projects and making significant gains. However, The Smart Ape emphasizes the importance of caution, advising against investing heavily in a single project due to the inherent uncertainties in listings.
Conclusion
According to The Smart Ape, this method has reportedly proven effective on several occasions, offering a unique perspective to crypto enthusiasts in identifying promising projects before they gain mainstream attention through Binance listings. While this procedure holds substantial promise, it is crucial for investors to conduct thorough research and exercise discretion in their investments, considering the inherent uncertainties and risks in the crypto landscape.
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