The post As Kaspa Coin Pumps Since Binance Listing, Which Cryptos Could List On Binance Next? appeared first on Coinpedia Fintech News
The Kaspa price displayed a significant upswing after Binance Futures – the world’s largest crypto-derivative exchange – announced the launch of KAS perpetual trading. The news was followed by an immediate 80% surge in Kaspa coin’s daily trading volume, leading to a 15% surge in its price.
On the back of the Binance news, $KAS created a new all-time high of $0.154, amassing a market capitalization of $3.3 billion. While the token has since corrected 10% to currently trade at $0.138, experts believe that this downturn will be short-lived and $KAS will soon resume its bullish trajectory.
Kaspa coin has been unrivaled in terms of Return on Investment since the start of the year, appreciating over 2540% in value – more than any other top 100 cryptocurrency. Furthermore, analysts believe that the crypto still has tremendous upside, with popular trader @CryptoTony expecting it to hit the 30-cent mark in the near future.
Which Tokens Could List On Binance?
Kaspa coin receiving a strong boost after launching on the Binance Futures platform is not a one-off phenomenon. In fact, an analysis by Ren & Heinrich reveals that a Binance listing typically results in a 41% surge in the token’s value.
Binance is the world’s largest and most influential crypto exchange, with its derivative exchange witnessing a daily trading volume of $28.6 billion yesterday.
The crypto exchange also follows a rigorous procedure for vetting new coins, which evaluates a multitude of factors such as the project’s user adoption, security standards and its real-world use case. Incorporating BNB or BUSD within the project or utilizing it for fundraising all helps.
With this in mind, we list 5 presale tokens that meet the aforementioned criteria and could secure the highly-coveted Binance listing.
Bitcoin ETF Token ($BTCETF)
The Bitcoin ETF Token tops our list of likely coins to list on Binance thanks to its innovative utility and surging demand.
Like the rest of the crypto market, the $BTCETF project anticipates that the SEC’s approval of a spot Bitcoin ETF is imminent. It will continue to monitor the Bitcoin spot ETF market, rewarding its investors as and when the ETFs hit 5 designated milestones.
The first milestone will be achieved when $BTCETF itself reaches a trading volume of $100 million, which would signify high user adoption of its novel concept. The second and the third milestone will be achieved when the first spot Bitcoin ETF is approved and on the day of its launch, respectively.
The project believes that the ETFs will play a crucial role in attracting institutional investment into Bitcoin. Consequently, the fourth and the fifth milestone will be reached when the ETFs have a combined asset-under-management of $1 billion and when BTC hits the $100k mark, respectively.
At each milestone, 5% of the $BTCETF token supply will be burned to create a deflationary effect, which could boost the token’s value. Furthemore, the transaction tax will also be reduced by 1% at every milestone.
Investors do not even have to wait for the milestones to earn rewards – they can stake their tokens and start to accrue passive income right from the presale, currently at an APY of 200%.
This reward structure has allowed the token to capitalize on the ongoing ETF hype, raising over $1.1 million in its presale in just two weeks.
Bitcoin Minetrix ($BTCMTX)
Another BTC-inspired token, Bitcoin Minetrix is an innovative cloud mining platform that is challenging the monopoly of wealthy corporations in the crypto mining industry.
Retail investors can now cloud mine BTC and earn rewards by simply staking the $BTCMTX tokens, which is a significant improvement over the high capital investment and technical expertise required otherwise.
The $BTCMTX token is currently in its presale and is available at a discounted price of $0.0117. Investors can already stake their tokens and earn staking rewards, currently at an APY of 142%.
However, after the launch of Minetrix’s stake-to-mine operation, users staking their tokens will earn mining credits. These credits can be burned for cloud mining time or a percentage of the yields, both options leading to passive BTC rewards. All a user needs in an Ethereum-based wallet such as MetaMask – Minetrix’s dashboard makes the rest of the process as simple as clicking a few buttons.
This tokenized cloud mining approach adheres to the principles of decentralization and transparency, which are often missing in other platforms. For instance, while clients using other cloud mining platforms have to sign a long-term, cash-based contract, Minetrix users can unstake and sell their tokens at any point.
Due to its in-demand utility, the $BTCMTX token has already raised over $4.1 million in its ICO in just over a month. As the traditional Bitcoin mining difficulty continues to increase, so will Minetrix’s user adoption, which makes it a solid candidate for a Binance listing.
TG.Casino is an innovative Telegram-based crypto gambling platform, which offers access to hundreds of games and sports books, without the burden of any KYC verification or account setup.
TG.Casino’s Telegram-based architecture has impressed investors, considering that it offers numerous advantages such as increased security through Telegram’s end-to-end encryption and higher user adoption.
$TGC is the native cryptocurrency of the TG.Casino ecosystem and is currently in its presale, where it has already raised over $2.6 million. After all, GambleFi tokens are projected to explode in the coming months and analysts such as Cilinix Crypto believe that $TGC could be one such token.
Interested buyers can buy $TGC in the presale at a price of $0.16 by swapping BNB, ETH or USDT tokens – the inclusion of BNB in fundraising bodes well for a Binance listing. Buyers can stake their tokens and immediately start to accrue passive income, currently at a lucrative APY of 217%.
Players using $TGC will also earn other perks, such as a 25% cash back on all losses and exclusive access to certain exciting games.
The project has also announced a buy-and-burn scheme, under which a portion of the profits from the casino will be used to buy back $TGC tokens, 40% of which will be burned to create a deflationary supply. The remaining 60% will be distributed as staking rewards.
Meme Kombat ($MK)
Binance is exceedingly selective when it comes to listing meme coins, currently only featuring 7 such tokens on its platform. However, a new meme coin – Meme Kombat – could potentially secure a spot, owing to its play-to-earn, staking and GambleFi utilities.
Meme Kombat’s play-to-earn platform will serve as a virtual battle arena that will feature a combat between top meme coins. The platform will feature 11 fictional characters such as Pepe, Shiba, Doge, Floki, etc. that will engage in AI-simulated battles.
The outcome of the battles will be unpredictable and decided on-chain, allowing players to bet on their champion. The platform offers diverse betting modes such as player vs player, player vs game and direct betting.
Investors holding $MK tokens are also allowed to stake their holdings and earn staking rewards. Meme coins that offer passive income – such as Floki – are in high demand. Interestingly, Floki is also one of the meme coins that is available on Binance.
In a unique approach, the Meme Kombat project has revealed the identity of all key team members behind the token, which quells any fear of scams or rug pulls.
Due to its unique value proposition, $MK has already raised close to $2 million in its ICO in just over a month.
YPredict is an all-in-one AI ecosystem designed to help its users gain a competitive advantage in the world of crypto trading.
The crypto market can be extremely volatile and can be overwhelming for traders. YPredict’s cutting-edge tools and AI-based predictive analysis could end up giving a significant edge to its users.
For instance, all $YPRED holders will gain a lifetime access to the Market Predictions platform, which gives accurate price predictions for thousands of crypto assets and securities. Similarly, traders using the yPredict Analytics tools could make informed, real-time decisions using automated pattern recognition, sentiment analysis and transaction data analysis.
However, yPredict’s flagship feature is the Marketplace platform – a tool that offers cutting-edge predictive data models, built by top 1% of AI/ML experts and quants. Traders can buy these models and use them as signals to make smart choices.
Finally, pro traders can leverage yPredict’s Terminal trading engine and execute their trades at a blazing-fast speed.
The project’s native token – $YPRED – is generating tremendous FOMO, considering that it is in the last stage of its presale, after which it will launch on crypto exchanges and could potentially explode. The token is currently priced at $0.12 and can be acquired by swapping ETH, USDT and MATIC tokens.