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Are Binance and OKX Fueling a Low-Cap Frenzy? What’s Next for CAT, NEIRO, SUNDOG?

DATE POSTED:September 8, 2024
memecoins

The post Are Binance and OKX Fueling a Low-Cap Frenzy? What’s Next for CAT, NEIRO, SUNDOG? appeared first on Coinpedia Fintech News

Binance and OKX are making waves by listing more low-cap cryptocurrencies on their perpetual contracts, sparking a surge in trading volume and profits. This strategy hints at major opportunities for traders as these exchanges tap into the growing buzz around smaller tokens. Tokens like CAT, NEIRO, and SUNDOG are at the center of this trend. But what does this mean for potential gains and risks? 

Listing Of Low-Cap Tokens On Exchanges

According to crypto investor VirtualBacon, Binance and OKX are actively listing more low-cap tokens on their perpetual contracts. This move is designed to capitalize on the increased trading volume and the associated profits. 

Binance and OKX are listing more low caps on perps and profiting on the volume. These can still be frontrun relatively easy. $cat and $neiro are recent examples. I bought $sundog at $0.2 for a potential target, high volume and heavy push from Tron. Don’t fade Justin Sun

— VirtualBacon    </div>
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