Binance recently introduced $SLERF futures, marking the 16th Wintermute-backed memecoin project to be listed on the platform.
The hit rate for Binance listings among Wintermute’s market-making projects is exceptionally high, reflecting its strategic approach in the memecoin space.
Currently, 64% of the top 25 memecoins in Wintermute’s holdings are listed on Binance. Among these, six have both spot and futures markets, while the rest are limited to contracts. For market makers, this success rate is impressive. Projects with high Wintermute holdings or those recently added to market-making portfolios stand an even better chance of securing Binance listings.
Tokens Not Yet Listed on Binance
Several Wintermute-supported tokens remain unlisted on Binance, including $PEPECOIN, $APU, $SPX, $COQ, $MANEKI, $MICHI, $MOTHER, $REKT, and $BENJI—the latter being the lowest-market-cap project among Wintermute’s top 25 holdings.
Key Indicators for Binance Listings
Analysis reveals that Binance-listed memecoins share common traits:
– Strong community support.
– Market capitalization ranging between $10 million and $500 million prior to listing.
– Wintermute’s initial holding ratio of at least 1%.
These indicators align with Binance’s listing criteria, suggesting Wintermute’s involvement in a token could serve as a soft predictor for its Binance listing potential.
Wintermute’s Evolving Strategy
Wintermute has shifted from a passive to an active role in the memecoin space, frequently engaging with new projects. This strategic shift enhances liquidity and bolsters the brand value of the memecoins they support. Simultaneously, Binance listings bring significant exposure and profitability, creating a mutually beneficial relationship.
Notable Position Changes
Recent on-chain data highlights key shifts in Wintermute’s portfolio:
1. NEIRO’s holding ratio surged to 13.57%, the highest currently.
2. GOAT overtook MOODENG as the largest holding.
3. POPCAT’s position value rose to $18.1 million, ranking third.
4. REKT emerged as the newest market-making project.
上周 Binance 上线 $SLERF 期货后，我提到这是 Wintermute 做市 Memecoin 中第 16 个上线币安的项目，命中率高的吓人！
有不少朋友问
🔸Wintermute 做市 Meme TOP25 持仓中上线比例多少
🔹 有哪些代币仍未上线币安（期货 & 现货）
🔸 上线币安的项目有哪些共性结合最新链上数据，结论如下🧵👇 https://t.co/6ARswDYHYH pic.twitter.com/c9MmPbDRTe
— Ai 姨 (@ai_9684xtpa) November 26, 2024
While on-chain data provides insights, including exchange activity could yield a more comprehensive picture of Wintermute’s influence on memecoins.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.