#MEMEAct In this 🧵: Which low-caps could be next?

Half a year ago, Binance released an article titled "Low Float & High FDV: How Did We Get Here?"

After that, they invited teams from low to medium-cap projects to apply for listings

Below are the key criteria they sought for project inclusion:

"What Projects Are We Looking For:

• Sector: All sectors are welcome to apply for listing

• Valuation: Small to medium valuation relative to competitors in their respective sectors

• Tokenomics: Significant token allocation reserved for community users (airdrops, community rewards, and more)

Moderate token float during token generation events (TGE)

Less allocation to non-community users

• Business & Product: Good product-market-fit (PMF)

Self-sustaining business model

At least a minimum viable product (MVP)

Innovation in technology or design is preferred

• Social Engagement & Community Base: Organic user base, Sustainable user growth

• Compliance: Responsible market participant, taking into account regulatory and compliance standards"

Does Binance follow these criteria? Clearly, not always

However, we do have some information that can be helpful in predicting their future listings:

Memes and AI memes take priority

In the last month, 60% of listings were either memes or AI memes

Binance doesn't want to miss out on the best-performing category of the bull market