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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.

10 Low-Mid Cap Cryptocurrencies Set to List on Binance with Potential for Exceptional Gains

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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Other articles published on Nov 25, 2024