** Binance Lists Memecoins, Leading to Significant Price Increases in 2024
The cryptocurrency exchange Binance listed several memecoins on its platform in 2024, resulting in notable price appreciation for some tokens. According to an onchain analyst, among the 15 memecoins listed by Binance, 12 saw significant increases in value after going live on the exchange. Notable examples include the Neiro memecoin, which pumped by almost 7,600%, and others like Moo deng (MOODENG), Dogwifhat (WIF), and Popcat (POPCAT), which appreciated over 200%. However, some memecoins experienced declines, with Mog Coin (MOG) and Book of Meme (BOME) showing slight depreciation. The onchain analyst suggests that Binance's listing process may not have a strict market value requirement for memecoins.
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