What does a meme coin typically go through on its way from on-chain trading to an exchange?
In July 2023, Binance replaced its former “Innovation Zone” with Seed Tags. Binance adds Seed Tags to new tokens that carry higher risks and volatility than other listed tokens. Users must pass a risk quiz before trading these tokens.
When a token moves from a DEX to a centralized exchange, its pool of potential buyers suddenly grows, and its price often fluctuates significantly around the time of listing.
$WIF first traded on a Solana DEX and wasn’t listed on Binance Spot until March 2024. It’s currently at 0.181.
This is not investment advice. Invest at your own risk.
In July 2023, Binance replaced its former “Innovation Zone” with Seed Tags. Binance adds Seed Tags to new tokens that carry higher risks and volatility than other listed tokens. Users must pass a risk quiz before trading these tokens.
When a token moves from a DEX to a centralized exchange, its pool of potential buyers suddenly grows, and its price often fluctuates significantly around the time of listing.
$WIF first traded on a Solana DEX and wasn’t listed on Binance Spot until March 2024. It’s currently at 0.181.
This is not investment advice. Invest at your own risk.