Binance Surprises with Niche Low-Cap Coin Listings
Binance's listing strategy continues to surprise, with the exchange opting for two low-cap niche coins, "Peanut the Squirrel" (PNUT) and "Act I: The AI Prophecy" (ACT), over several billion-dollar meme coins.
Binance Waives Listing Fees
Unlike usual, Binance waived listing fees for PNUT and ACT, making it easier for these projects to gain visibility. Binance Co-Founder Yi He stated that these listings were free of charge.
PNUT and ACT Surge on Binance
Since their listings, both PNUT and ACT have experienced significant price increases. PNUT is currently trading at $0.4941, representing a 22% increase today and a 1,094% surge this week. ACT has performed even better, currently trading at $0.5422, up 108% today and 2,465% this week.
Binance's Listing Criteria
Binance maintains that it selects these lower-cap alternatives based on their organic community support and lack of centralized control.
Potential Future Binance Listings
The success of PNUT and ACT has sparked speculation about which other low-cap coins could be listed on Binance in the future. Potential candidates mentioned include Pepe Unchained and Crypto All-Stars.
Pepe Unchained
Pepe Unchained has a strong community and is conducting a presale, giving everyone an equal opportunity to acquire tokens. The project aims to build a layer 2 blockchain for meme coins, promising faster and more cost-effective transactions.
Crypto All-Stars
Crypto All-Stars is a staking platform that enables users to earn passive rewards on meme coins. By holding STARS tokens, users gain access to rewards based on their holdings. The platform aims to unite the top meme coin communities.
Binance's listing decisions are often unpredictable, but both Pepe Unchained and Crypto All-Stars appear well-positioned for potential success.