Polymarket Bets on the Next Binance Memecoin Listing

Polymarket, the world’s largest prediction market, recently hosted a betting event on which memecoin will be listed next on Binance, the world’s largest digital asset trading platform. The options included Popcat (POPCAT), Mog Coin (MOG), Goatseus Maximus (GOAT), and Moo Deng (MOODENG).

POPCAT emerged as the most likely candidate, with a 21% chance of being listed on Binance and a betting volume of $6,602. MOODENG followed with a 15% chance and a volume of $5,538, while GOAT had a 17% chance and a volume of $6,284. MOG and NEIRO had the lowest chances at 2% and 3%, respectively.

Read also: PNUT, PEPE, MOG, WIF, and POPCAT Turn Bullish: Meme Coins Getting Valuable

According to the Polymarket data, despite its low listing probability, NEIRO recorded the highest trading volume at $10,829, according to Polymarket data. The memecoin HarryPotterObamaSonic10Inu (BITCOIN) had a volume of $5,820 and only a 2% chance of being listed. Another Solana memecoin, Fwog (FWOG), had a 7% chance with a volume of $4,513.

Interestingly, the most popular prediction was “None of the Above in 2024,” suggesting that most Polymarket users believe none of these memecoins will be listed on Binance this year. This option had a volume of $5,292.

Analyzing the Price Action of Polymarket Memecoins

FWOG is trading at $0.5158, up 1.22% in the past 24 hours followed by a 22.24% drop in prices in the last week; BITCOIN dropped 3.74% in the past 24 hours to $0.1971 and is down 18.12% in the last 7 days; and NEIRO is trading at $0.07834 with a 13.47% price crash followed by an 18.15% drop in prices in the past week.

On the other hand, POPCAT dropped 11.51% to $1.54 and has crashed almost 20% in the past week; GOAT is down 14.77% in the past 24 hours, trading at $0.9602, jumping 5.98% in the last seven days; and finally, MOODENG’s price has declined 8.53% in the past 24 hours and the meme coin is trading at $0.0.4344, up 5.42% in the past week.