Wintermute is among the main market makers within the cryptocurrency area and has achieved outstanding success with its meme coin portfolio. A latest evaluation revealed that 64% of Wintermute's high 25 meme cash are at the moment listed on Binance, the most important crypto buying and selling platform.
As soon as listed, these tokens will profit from the Binance platform's better liquidity and branding impact, growing their worth and buying and selling quantity. This excessive itemizing charge highlights Wintermute’s capability to establish and again promising tokens.
In response to the info, six of those tokens can be found on each futures and spot markets, whereas the remaining tokens are solely traded on Binance’s futures market.
Wintermute’s high meme coin holdings
Among the many notable meme cash held by Wintermute, NEIRO stands out with a holding share of 13.57%. In the meantime, GOAT lately overtook MOODENG to turn into Wintermute's high meme coin holding, and POPCAT's worth soared to $18.1 million.
Nevertheless, a number of tokens in Wintermute's portfolio are usually not but listed on Binance, giving them potential for future progress. These embody PEPECOIN, SPX, MOTHER, REKT (a brand new venture added 3 days in the past), and BENJI, the coin with the bottom market cap amongst Wintermute's high 25 holdings.
What will likely be listed on Binance?
This evaluation outlines some widespread traits of meme cash listed on Binance. These embody robust group engagement and a market capitalization of $10 million to $500 million. Moreover, Wintermute sometimes holds at the very least 1% of the tokens on the time of itemizing.
Finally, the evaluation highlighted that Wintermute's strategic token choice and deep involvement within the memecoin market create a win-win state of affairs. Wintermute offers liquidity and model assist, whereas the Binance itemizing impact will increase the worth of each the token and its backers.
Disclaimer: The knowledge contained on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any form. Coin Version will not be liable for any losses incurred on account of using the content material, merchandise, or companies talked about. We encourage our readers to conduct due diligence earlier than taking any motion associated to our firm.