A week after launching its first “Vote to List” batch, Binance announced four listed meme coins: CZ’s Dog (BROCCOLI714), Mubarak (MUBARAK), Banana For Scale (BANANAS31), and Tutorial (TUT). While some welcome Binance’s embrace of mainstream trends – meme coins, others remain skeptical, seeing meme coins as entertainment-driven with few use cases.
4 Tokens Listed on Binance with Seed Tags
After a competition among 9 contestants with a total of 172,973 valid votes, according to the official announcement on its website, Binance will list the following tokens based on the Vote to List results and successful due diligence:
Source: Binance
- Mubarak (MUBARAK) with new spot trading pairs MUBARAK/USDT and MUBARAK/USDC
- CZ’S Dog (BROCCOLI714) with new spot trading pairs BROCCOLI714/USDT and BROCCOLI714/USDC
- Tutorial (TUT) with new spot trading pairs TUT/USDT and TUT/USDC
- Banana For Scale (BANANAS31) with new spot trading pairs BANANAS31/USDT and BANANAS31/USDC
These tokens will be officially listed on Binance with the Seed Tags label, indicating they are new and subject to high market volatility risks. Trading for these spot pairs will commence on 2025-03-27 at 21:00 (UTC).
Learn more: Binance Vote to List Program: Strong Support for BNB Chain
Binance’s Recent Overfocus on Meme Coins
Recently, Binance announced its 34th Binance Alpha batch, featuring new tokens: $GHIBLI (@ghiblifi), $GHIBLI (@GhibliCz), and $KILO (@KiloEx_perp), with 2 out of 3 being meme coins. This move further reinforces Binance’s growing focus on the meme coin trend, following its first Vote to List batch and the listing of multiple meme coins like MUBARAK and GHIBLI.
Source: Binance Alpha
Speculation is also rising that the second batch of Vote to List could feature a Binance-themed meme coin to attract liquidity into Binance and BNB Chain while fueling the FOMO market. Given these developments, investors are advised to manage their capital carefully when considering projects from Vote to List and Binance Alpha.
However, the community remains divided on this strategy. Many believe Binance should limit the listing frequency of purely entertainment-driven meme coins with no real use cases. This approach risks damaging Binance’s reputation, making it seem like a low-quality, less trustworthy exchange.
The meme coin wave is inherently unsustainable and short-lived, merely riding current market trends. Instead, Binance should explore more sustainable solutions like WIO (Wallet Initial Offering), which could serve as a bridge between DEX and CEX, ensuring continuous capital flow and enhancing BNB Chain’s utility in the long run.
Learn more: How to Join Particle Network $PARTI TGE on Binance Wallet?
