The post 3 New Binance Listings to Watch This August appeared first on Coinpedia Fintech News
Investing in cryptocurrencies before centralized exchange listings can be a fast-track route to big gains.
For example, if you invested in Pepe one week before it was listed on Binance in 2023, you’d have 10x your money the day after it launched.
And with the crypto market approaching another bull rally, this could be a great time to buy potential upcoming Binance listings.
Let’s explore our top three picks:
PlayDoge
The reason PlayDoge might get listed is quite simple: it has huge demand and an unprecedented use case.
But here’s the exciting part: it’s currently undergoing a presale. Investors can buy in from the ground up at a fixed price.
The token will launch on exchanges soon, so those potential investors should be fast.
PlayDoge is a Play-to-Earn (P2E) crypto crossed with a meme coin.
Its P2E game is inspired by the 90s blockbuster Tamagotchi, which sold 82 million copies.
PlayDoge has a similar pet companion concept, where users will care for a pet doge. However, they’ll also be compensated with $PLAY rewards.
The game will launch on smartphones and be available for download on the App Store and Google Play Store.
PlayDoge has raised over $6 million at presale so far.
Investors can buy $PLAY for $0.00528, but this price will rise in one day.
Brett
Regarding market cap, Brett is the biggest meme coin without a listing on Binance. Moreover, numerous lower-market-cap meme coins have already been listed.
Should Binance expand its joke token roster, Brett will likely be up next.
Brett is based on an iconic character from Matt Furie’s Boys’ Club comic. Brett is also known as Pepe’s best friend, which provides a push from the vast Pepe coin community.
One of the things Binance looks for when listing tokens is a strong community, and Brett has over 100K followers on X.
It has also processed over $30 million in 24-hour trading volume, which is more than enough to get a Binance listing.
Analyst Bulloro also recently predicted that a Binance listing is coming soon. According to the analyst, this is one of numerous reasons Brett will hit $1 in 2024.
Kaspa
Kaspa is one of the largest cryptocurrencies yet to be listed on Binance.
It currently holds a $3.9 billion market cap, making it the 22nd most valuable crypto asset (including stablecoins).
Even without a Binance listing, KAS has processed $88 million in trading volume today. Imagine how high that would be if it were listed on Binance.
As such, the Binance team will not want to miss this. After all, they profit from trading fees, so the more a crypto is traded, the better it is for them.
Kaspa has yet to list on Binance because of its advanced blockchain architecture, but experts believe the listing will occur shortly.
Adding to the speculation, Binance recently added Kaspa to its mining pool, allowing users to mine KAS.
This shows that Binance is interested and bolsters the likelihood that a spot listing will follow.