Memecoins outside Binance returned over 1,000%
The “Binance effect” refers to the great appreciation of certain tokens that are listed on the largest exchange in the world. An example of this effect occurred this week, when the exchange listed the PNUT and ACT tokens on its platform.
Shortly after the announcement, the two tokens soared by 250% and 1,300%, respectively, due to greater demand for them. And this effect often occurs on several low-value tokens.
When a new token enters Binance, its price tends to explode due to increased demand. However, some well-known tokens that have seen strong increases have not yet reached the exchange platform. Today, let's get to know five of these tokens:
POPCAT
POPCAT originated from a popular internet meme that depicted an animated cat with its mouth opening and closing, associated with the term “pop.” It was one of the first cat memecoins and was created to combat the “dominance” of dogs in this market.
Although it was initially a viral joke, the POPCAT attracted attention due to its community appeal and humorous approach. In the last 12 months alone, memecoin went from less than US$0.01 to the current US$1.54 – an increase of more than 180 times.
GOAT (Goatseus Maximus)
Next we have Goatseus Maximus, better known as GOAT. Memecoin emerged in October 2024 on the Solana blockchain and quickly attracted attention due to promotion by an AI bot called Truth Terminal. The bot indicated GOAT as one of its bets, causing strong appreciation.
This artificial intelligence helped propel the cryptocurrency to a peak market valuation of $340 million in just a few days. The value of the GOAT token soared and rose from $0.05 to $0.86, a 16x increase.
Although the coin has undergone subsequent corrections, its case demonstrates how the influence of AI can impact the memecoin market. GOAT illustrated a new type of relationship between AI technology and cryptocurrency investor behavior.
Moo Deng
The “Moo Deng” meme gained popularity on social media in 2024 and refers to a pygmy hippo calf that went viral for its captivating appearance and “rebellious” attitude. And like every joke, it originated a memecoin known by the same name: MOODENG.
Launched on the Solana blockchain, MOODENG quickly made a name for itself in the cryptocurrency market, reaching a market capitalization of over $300 million in just a few weeks. Its price went from US$0.01 to US$0.33 and a possible entry into Binance could boost this value exponentially.
Flockerz
Many memecoins only rely on community support to provide short-term gains. However, this stance compromises the sustainability of the project, something that Flockerz wants to avoid.
Unlike this, the new FLOCKERZ token aims to go much further, as it combines its fun meme identity with a serious decentralization model. This model encourages users to vote and decide the direction of the project on their own, having active participation in the network.
This increases commitment to decisions, as voters need to have FLOCKERZ tokens. Therefore, they have incentives to make the best decisions and generate value for the project. Furthermore, voting also offers rewards paid to token holders.
And the best of all is that the project is in the pre-sale phase and offers many chances of return with an appreciation that could be exponential in the medium term.
Pepe Unchained
Finally, Pepe Unchained is another memecoin that is not on Binance – and like FLOCKERZ, it is in the pre-sale phase. This is a Layer 2 network built on Ethereum that aims to offer a unique launchpad for memecoins.
Pepe Unchained is not trying to replace Ethereum completely. Instead, it's designed to work with all dApps and services that already exist.
Its focus is to act as an exclusive platform for launching memecoins, aiming to reduce the weight of these transactions on Ethereum. And with the success of memecoins in 2024, Pepe Unchained offers enormous chances of return, with a pre-sale that has already accumulated more than US$26 million.