Upcoming Binance listing: Top performing cryptos to monitor in 2024
Binance is taking advantage of the bullish run higher in 2024 by listing various new tokens on its exchange. This allows the number one crypto exchange to take advantage of the increased trading volume.Since the start of the year, Binance has listed a handful of meme coins like $MYRO and $WIF, introduced DePIN projects to its exchange like $FIL, and listed digital asset management in gaming projects like $PORTAL.
With the listing spree in full swing, here are some of the top-performing cryptos to monitor in 2024 with potential upcoming Binance listings.
Dogecoin20 ($DOGE20)
Spotlight WireDogecoin20 ($DOGE20) is one of the hottest new meme coins to monitor after raising an incredible $2 million in its first four hours of going live - demonstrating the building hype behind the project.
Dogecoin20 is described as the ultimate Dogecoin upgrade as it seeks to push Elon Musk's favourite meme coin into a sustainable future by introducing the proof-of-stake mining algorithm.
The PoS mining algorithm allows $DOGE20 holders to stake their tokens and earn a passive income, providing them an incentive for long-term holding. The team has allocated 15% of the total $DOGE20 supply to provide rewards for staking over the next two years.
Furthermore, Dogecoin20 is an anti-inflationary token, as $DOGE20 has a limited 140 billion token supply, ending Dogecoin's infinite inflation problem.
Overall, $DOGE20 is one of the hottest upcoming potential Binance listings as it seeks to become a leader in the Doge-related meme coin space.
Buy $DOGE20 today.
Green Bitcoin
Spotlight WireGreen Bitcoin ($GBTC) is undoubtedly one of the top-performing cryptos to monitor. Many experts suggest an upcoming Binance listing is likely due to its unique supply dynamics, which could cause a supply shock on the open market, driving prices much higher.
Green Bitcoin is a predict-to-earn ecosystem that lets users predict the future price of Bitcoin to earn massive rewards scaled to their level of investment with accurate forecasts.
The project has created a novel gamified green staking ecosystem, which requires users to stake their $GBTC tokens to be eligible to place a price forecast. The staking part of the project aims to foster a blockchain filled with activity rather than creating a meme coin for mindless speculation.
As a result, most of the $GBTC might be locked into the staking system, potentially causing a supply shock on the market. This could drive prices higher for newcomers looking to purchase $GBTC following its presale.
$GBTC can be bought on the project's website using $ETH, $USDT, or a credit/debit card.
Buy $GBTC today.
Smog Token
Spotlight WireSmog Token ($SMOG) checks all the boxes Binance would look for in a potential listing opportunity. It has a vast community, enormous trading volume, and tremendous buzz behind it as it trends as one of the most popular projects in the industry.
Smog Token is generating a buzz as it's bringing the biggest airdrop in Solana's history in the coming weeks. The project allows users to buy and hold $SMOG tokens to accumulate airdrop points and be eligible to participate in the historic airdrop event.
The project also runs a Zealy campaign that allows users to earn more airdrop points by completing specific quests, such as joining the community discussion. With over a million quests completed, it's evident ten to get their hands on this upcoming airdrop.
The team has set aside a whopping 35% to facilitate the upcoming airdrop. With a $300 market cap level, this means that over $100 million is about to be distributed to $SMOG holders.
The project was launched on Solana but has since become a multi-chain on Ethereum. The best place to buy $SMOG is OTC through the project's website, which offers a 10% discount.
Buy $SMOG today.
Sponge Token
Spotlight WireSponge Token ($SPONGE) is a project that's already seen tremendous success during 2023 and is back in 2024 to reproduce the same 100x ride it already provided to its early adopters.
Sponge Token became a trending topic in May 2023 as it provided 100x returns for traders who bought it during its presale. Now, it's announced that its next incarnation is through a V2 upgrade, slated to make the token bigger and better than ever.
The project is using a unique stake-to-bridge utility for the upgrade, requiring users to lock $SPONGE V1 into a bridge to receive an equivalent of $SPONGE V2 following the upgrade,
All $SPONGE V1 sent to the bridge will be permanently locked to help facilitate the move to V2.
The team will introduce various new features following its upgrade, such as a fun and addictive play-to-earn arcade to add more utility to the project.
Overall, with listings on the top ten exchanges already, $SPONGE is a strong contender for an upcoming Binance listing in the meme coin space.
Buy $SPONGE today.
Scotty the AI
Spotlight WireScotty the AI ($SCOTTY) is another top-performing crypto to monitor with a potential upcoming Binance listing due to its unique AI integration, designed to help provide valuable tools to its community.
Scotty, the AI, seeks to establish itself as a trusted figure in the meme coin space before delivering a suite of AI-powered products that can help advance traders' perceptions of security, fraud detection, and risk mitigation in the blockchain space.
For example, Scotty Swap provides seamless token swaps and uses AI integration to ensure that every trade is optimised for maximum gains. Furthermore, the DEX offers advanced trading features, like limit orders, allowing traders to set orders beforehand.
Scotty Chat is another AI-powered product that provides in-depth analysis and insight into the market. It allows traders to remain alert and formulate industry trends and narratives.
Overall, with AI trending, $SCOTTY is one of the most promising projects that could be listed on Binance.
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This story originally appeared on: India Times - Author:Faqs of Insurances