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Cryptocurrency News Articles
These 4 Altcoins Might Be Listed on Binance Next, Including a Top AI Project
Jun 08, 2024 at 02:42 pm
Cryptocurrency analyst Altcoin Buzz took to his recent video and discussed the phenomenon known as the “moon effect” in Binance listings.
Binance, the world’s largest cryptocurrency exchange, has a knack for listing some of the best-performing cryptocurrencies. These listings often have a “moon effect” on the listed coin, causing it to surge in value rapidly.
For instance, following their listings on Binance, Rocket Pool surged by 433%, and Pepe surged by 1,345%. A Binance listing signals to the market that a project is performing exceptionally well and will likely attract more investor attention.
Here are some coins that might be listed next on Binance, according to Altcoin Buzz:
Centrifuge (CFG)
For Binance to list a token, the project must have strong fundamentals, which Centrifuge (CFG) certainly does. This project integrates real-world assets into decentralized finance (DeFi), offering on-chain debt facilities and capital structures management.
Centrifuge is among the first protocols to bring RWAs on-chain, enabling businesses to use crypto to finance assets like invoices, real estate loans, and more.
Centrifuge offers several benefits: it provides access to DeFi liquidity without relying on volatile cryptocurrencies and eliminates the need for intermediaries like banks. This allows borrowers to finance their real assets directly, offering a level of security in the crypto world.
The price of Centrifuge’s token (CFG) is 0.691 cents, with a market cap of $341 million.
Three Protocol
At number two, we have Three Protocol. If you’ve been following trends, you’ll know that artificial intelligence (AI) is a major focus in this bull run, shaping the direction of projects, capital influx, and investor behavior.
THREE Protocol stands out for several reasons. Their goal is to make e-commerce accessible to the unbanked and crypto enthusiasts. Three Protocol has already launched its first product, Jobs 3, a decentralized jobs marketplace similar to Upwork or Fiverr but on the blockchain.
Polytrade Finance
Next up is Polytrade Finance (TRADE), one of the altcoins I have been keeping a close eye on. In the real-world assets (RWA) sector, Polytrade is making strides.
It’s a marketplace focusing on diversification, offering around 20 different asset categories, including real estate, equity, tokenized versions of metals, commodities, and even collectibles.
With a current market cap of $39.2 million, there is room for growth, potentially even doubling or more.
OriginTrail
Last but not least, my final project is another top AI initiative: OriginTrail (TRAC). This well-established project focuses on supply chain solutions and data integrity.
OriginTrail has potential for being listed on Binance, as they are already listed on major exchanges like Coinbase, BitG, KuCoin, and others.
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