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- Binance announced the first batch of “Vote to List” results and listed memecoins that received the maximum votes.
- MUBARAK, BROCCOLI, TUT, and BANANA market prices skyrocketed following the Binance announcement.
The Binance listing announcement has resulted in a memecoin frenzy in the crypto market today. As part of its “Vote to List” campaign, it finalized four memecoins, MUBARAK, BROCCOLI, TUT, and BANANA, which received the maximum number of votes from the Binance community.
Binance started gathering input from its community in terms of token selection. In February, it asked the community regarding the Pi coin listing. Despite 86% of the people voting in favor of it, Binance still didn’t make any announcement regarding PI listing. Last week, Binance announced its first “Vote to List” campaign, listing 9 memecoins based on BNB Smart Chain.
The campaign announcement itself caused several memecoins, such as Broccoli, to record considerable price surges. Among the 9 memecoins, MUBARAK, TUT, and BROCCOLI have been trending for the past week. They even made it to headlines for driving Binance Alpha 2.0 trading volume to $100 million in one week.
Top Trending Memecoins Today: MUBARAK, TUT, BROCCOLI, and BANANA
Binance has finally released the first batch of its Vote to List campaign winners yesterday. And, MUBARAK, TUT, BROCCOLI, and BANANA made it to the Binance listing. They have been the top trending cryptocurrencies in the crypto market ever since Binance announced the results.
TUT recorded a whopping 140% price rise with a sharp price spike within a few minutes after the announcement. After reaching a high of $0.05742, it is now trading in the $0.038 price range. While its market cap is hovering around $37 million, its 24-hour trading volume witnessed a staggering 900% surge.
MUBARAK and BROCCOLI are the next top trending memecoins in the market. CZ’s dog BROCCOLI is trading at $0.06278 with a 25% price surge and a 130% increase in its trading volume.
Despite a 190% surge in its trading volume, the MUBARAK price is falling with a 36% drop in the last 24 hours. BANANA is also falling with a 20% drop in its price despite a considerable surge in its trading volume.
The new memecoin frenzy started with Binance listing might last for a while in the crypto market. However, the present substantial price surges will soon follow a price correction. Now, all eyes in the crypto market will be on the next batch of Binance’s Vote to List campaign.
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