Changpeng “CZ” Zhao, CEO of leading crypto exchange Binance, has requested cryptocurrency listing suggestions from his more than 4 million followers. CZ, via his Twitter account, “What to list?” received thousands of responses from crypto enthusiasts. Here are the answers…
Thousands of responses to Binance CEO
Chief among the responses to Changpeng Zhao were Dogelon Mars, BabyDoge, Floki Inu, and many more coins inspired by Dogecoin. Cryptocoin. com
As we reported , these meme coins have gained a lot of popularity in recent months as DOGE rallied from under $0.1 to an all-time high of $0.7. In fact, Shiba Inu (SHIB), the second largest meme coin after DOGE, even managed to enter the top 10 with its market capitalization. At the time of writing, DOGE is changing hands at $0.21 and SHIB at $0.00004257.
The Binance and Coinbase effect, which often causes price spikes for listed coins, is a well-known phenomenon in the crypto space. Following the announcement of listing on these exchanges, users are aware that any listed project can benefit from a short price increase. Other cryptocurrencies recently listed on AUDIO, Avalanche (AVAX), Ethereum Name Service (ENS), Keep3r and Binance; immediately after it was listed on the platform, it saw a rise in prices of at least 10 percent. A token or coin listed on Binance, one of the world’s most important cryptocurrency exchanges, benefits from a massive adoption period.