Wintermute, a number one market maker within the cryptocurrency house, has seen spectacular success with its meme coin portfolio. Latest evaluation reveals that 64% of Wintermute's high 25 meme cash are actually listed on Binance, the biggest crypto buying and selling platform.
As soon as listed, these tokens profit from the numerous liquidity and branding of the Binance platform, which will increase their worth and buying and selling quantity. This excessive itemizing price highlights Wintermute’s skill to establish and assist promising tokens.
Based on the info, six of those tokens have each futures and spot markets, whereas the remainder solely commerce on the Binance futures market.
Wintermute's Greatest Meme Coin Holdings
Among the many notable meme cash held by Wintermute, NEIRO stands out, with a holding proportion of 13.57%. In the meantime, GOAT not too long ago overtook MOODENG to turn into Wintermute's high coin portfolio, whereas POPCAT's worth soared to $18.1 million.
Nevertheless, a number of tokens in Wintermute's portfolio are nonetheless not listed on Binance, which means they maintain potential for future progress. These embody PEPECOIN, SPX, MOTHER, REKT (a brand new challenge added three days in the past), and BENJI, the coin with the bottom market cap amongst Wintermute's high 25 shares.
What’s listed on Binance?
The evaluation highlights a number of frequent traits of meme cash listed on Binance. These embody sturdy neighborhood engagement and a market capitalization of between $10 million and $500 million. Moreover, Wintermute sometimes owns a minimum of 1% of the token on the time of itemizing.
Finally, the evaluation highlighted that Wintermute's strategic token choice and deep involvement within the coin market creates a win-win state of affairs: Wintermute offers liquidity and model assist, whereas Binance's itemizing impact generates worth for each the tokens and their backers.
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