Do memecoins become bullish due to Binance listing?

[bayu7adi]

Technically, Binance might list the token if they consider it worthwhile, but you never really know

If Binance's knowledge is really accurate, shouldn't it also delist? Considering that some coins have no trading volume when listed on Binance for a long time... in the end, Binance removes them...

I agree more with the statement that Binance is indeed famous, but its existence is too utilized for certain moments, such as when the pump moment after listing... a meme token will indeed increase in demand when listed on Binance, but its growth will still be influenced by the community, so Binance cannot guarantee that in the long term the related token will always be in high demand.

[Rubel007]

When any coin is listed on Binance, investors gain confidence in that coin, which is not available on any other platform. Most investors think that there is a high chance of scams in cryptocurrencies. Therefore, if they lose their money by investing in a project, then the investors are greatly harmed. Therefore, being listed on an exchange like Binance means that the coin most provably will not be scam. But there can be a lot of hype around listing meme coins. Once listed on Binance, the coin does not get as much hype as it might seem at first.

[enwi]

When any coin is listed on Binance, investors gain confidence in that coin, which is not available on any other platform. Most investors think that there is a high chance of scams in cryptocurrencies. Therefore, if they lose their money by investing in a project, then the investors are greatly harmed. Therefore, being listed on an exchange like Binance means that the coin most provably will not be scam. But there can be a lot of hype around listing meme coins. Once listed on Binance, the coin does not get as much hype as it might seem at first.

Being on a large platform like Binance is even beneficial for a coin as it guarantees professional selection. This in a way also helps to build the much needed trust in the listed projects. However, we must also think twice, since the price of an asset not only depends on the country of trading but also potential and stability of the project. The initial interest and attention that come with the launch of a coin on a big platform tend to recede over time, so more emphasis has to be put on decoding the staking coin. This way, it becomes easier to philtre out which investment should be made and the chances of making a hasty decision is eliminated.

[_act_]

Binance cannot be the main reason for the bullish trend of a coin or token, it can only contribute towards its improvement and exposures to a large trade or intending investors, some have been listed on binance and plummet and the same way some have also been listed and skyrocket, this is all about the idea behind the launching of any crypto project as well as the funding capability to that project to succeed.

[Fivestar4everMVP]

Binance cannot be the main reason for the bullish trend of a coin or token, it can only contribute towards its improvement and exposures to a large trade or intending investors, some have been listed on binance and plummet and the same way some have also been listed and skyrocket, this is all about the idea behind the launching of any crypto project as well as the funding capability to that project to succeed.

Well, you are actually right and I wouldn't want to say otherwise, but to be honest with you, Binance listing does more for any crypto coin or token than just exposing to the coin or token to more investors through access and visibility, Binance listing is like the kyc most need to trust a project, this is to say that, until a project is listed on Binance, several persons/investors never will buy it because they do not trust it, but immediately a coin or token is listed on Binance, many investors, even those who are not trading on Binance see that project as a reputable and worth investing in for the long term, this is why majority of tokens that enters Binance tends to pump hard, and by majority, I mean majority..

Only a very insignificant number of coins or tokens gets listed on Binance and the price dumps, such coins or tokens are usually a coin or token that has been in existence for a long time with no meaningful use case and over pumped price which is usually due to investors buying and holding because they are expecting Binance listing, so, this usually is what refer to as "buy the rumor, and sell the news" thing.

[Azharul]

Binance is in business and they are here for the money so if there can be a memecoin that can help them get more business volume they would go for it, with the assumption that the team behind the project are vetted not to be scammers. Of course, once a project is listed in Binance there can be an expected jump in value and price as Binance is considered to be the pinnacle of of success and the king of all exchanges. So we can say that for new projects, Binance listing means a big success and a big message that one has already arrived though there is no guarantee whatsoever that it will not be delisted once trading volume can be anemic.

I think that you also create a best opinion in your comment. I also believe that binance is one of the best transactions media in cryptocurrency world. We also know that binance is also the best trusted for crypto currency trading and investment. Many investors and traders also trade there currency for more trusted source in binance. So if meme coin listing in binance, i believe that it will be bullish from here. Because we know that binance is one of the best and world famous crypto transaction media in cryptocurrency market.