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Cryptocurrency News Articles
10 Low-Mid Cap Cryptocurrencies Set to List on Binance with Potential for Exceptional Gains
May 22, 2024 at 10:00 pm
Binance is gearing up to launch the most important altseason in history by listing low-mid cap tokens on its platform.
Binance, the world's largest cryptocurrency exchange by trading volume, is planning to list several low- to mid-cap tokens on its platform in the coming weeks, according to a recent report.
The move comes as the exchange looks to capitalize on the recent interest in altcoins, which have been outperforming Bitcoin (BTC) and other major cryptocurrencies year-to-date.
Binance is said to be prioritizing tokens with a low circulating supply and a high fully diluted valuation (FDV). These tokens typically have a lot of potential upside after their token generation event (TGE).
The exchange is also reportedly looking at tokens that have a strong community and are actively engaged in developing their projects.
Ten Low- to Mid-Cap Cryptocurrencies Set to List on Binance with Potential for Exceptional Gains
Among the tokens that are likely to be listed on Binance, according to analyst Chain Mind, are:
These tokens are expected to experience a surge in demand once they are listed on Binance, which could lead to substantial gains for early investors.
With $155 Billion in Token Supply Set to Unlock From 2024 to 2030, Binance Is Taking Proactive Steps to Foster a Healthy Industry With a Diverse Range of Market Players
The listing of these low- to mid-cap tokens by Binance is also part of a larger strategy by the exchange to promote a healthier cryptocurrency ecosystem.
As previously reported by Chain Mind, there is a lot of low float, high FDV token launches, which leave little sustainable upside for traders after the TGE.
According to the analysis, there will be around $155 billion in tokens unlocking from 2024 to 2030, which could put a damper on the market if it's not handled correctly.
Binance Is Extending an Invitation to High-Quality Low-Mid Cap Projects to Join Binance Launchpad, Offering Exposure and Liquidity for 20-50x Growth Potential, While Investors Stand to Capitalize on Potential 100x Gains
To address this issue, Binance is inviting high-quality low- to mid-cap projects to join Binance Launchpad, which will give them the exposure and liquidity they need to achieve 20-50x growth.
This move will not only benefit the projects themselves but will also offer investors the opportunity to capitalize on the potential 100x gains.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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