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Cryptocurrency News Articles
Binance Reveals the Winners of Its First “Vote to List” Campaign
Mar 28, 2025 at 09:05 pm
On March 27, 2025, excitement was palpable around the “Vote to List” program launched by Binance. For the first time, users had the opportunity to directly influence the upcoming listings of tokens on the crypto platform.
Binance is shaking things up in the world of crypto with its first “Vote to List” campaign. The results are in, and the community has spoken, electing four crypto tokens to be listed on the exchange. However, one of the tokens has already seen a significant price drop following the announcement. Here's a closer look.
Binance Announces the Winners of Its First "Vote to List" Campaign
On March 27, 2025, Binance announced the winners of its first "Vote to List" campaign. The initiative, which allowed users to vote for their preferred tokens to be listed on the crypto platform, reached a new milestone.
Initially, the campaign was set to list two tokens out of nine candidates. But ultimately, Binance decided to list four tokens:
* Mubarak (MUBARAK)
* CZ’S Dog (BROCCOLI714)
* Tutorial (TUT), and
* Banana For Scale (BANANAS31).
Each token will have trading pairs with USDT (banned in Europe) and USDC, with deposits already available yesterday and withdrawals starting today, March 28.
The campaign, which began on March 12, 2025, saw a high level of participation from Binance users. Over the two weeks of voting, users were able to cast their votes for their favorite tokens. The closer the vote got to its endpoint, the more intense the competition became, pushing several tokens to new all-time highs in anticipation of the final verdict.
However, the announcement of the winning tokens on Monday, March 26, was met with mixed reactions. While some tokens, like BROCCOLI714 and TUT, saw their value surge further on Tuesday, March 27, another token, MUBARAK, saw its price drop by 13%.
Community Vote Highlights Key Trends in Crypto Market
The community vote for Binance's "Vote to List" campaign has brought to light several interesting trends in the crypto market today.
The vote itself was a testament to Binance's commitment to engaging its user base and integrating their feedback in its decision-making process. This is evident in the criteria used to select the final tokens for listing, which included community votes, Binance's own fundamental analysis, trading demand, regulatory compliance, and risk assessment.
Of the four tokens selected, three—MUBARAK, BROCCOLI714, and TUT—were already being actively traded on other exchanges prior to the announcement of the "Vote to List" campaign. However, the fourth token, BANANAS31, was a new addition to the list. This shift in strategy by Binance could be attributed to the overwhelming demand from users to list a token that is related to the exchange itself—hence the selection of BROCCOLI714, which is a token created by the Binance community in honor of CEO Changpeng Zhao.
The vote also highlighted the role of memecoins in the crypto market. MUBARAK, a memecoin that started gaining traction in February 2025, was among the tokens that received the most votes from Binance users. However, the token's price had already decreased by 13% since the announcement of the results. This could be explained by the fact that the hype surrounding memecoins is often short-lived and leads to rapid shifts in price due to changes in market sentiment.
In contrast, the assets BROCCOLI714 and TUT, which were personally chosen by Zhao and booked on short notice, saw their value explode shortly after the announcement. This was driven by immediate speculative demand and the novelty effect. Both tokens are now fully funded for the next stage of development, and their respective communities are already mobilizing to maximize their chances of survival.
The community vote for Binance's "Vote to List" campaign was a significant initiative that showcased the role of decentralization and community participation in the future of crypto platforms.
As Binance continues to expand its offerings and integrate new technologies, it will be interesting to see how the platform leverages feedback from its user base to navigate the ever-evolving landscape of the crypto industry.
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