Binance Unveils 20th Memecoin Of The Year: $BAN Soars 105%

Binance has officially launched its 20th memecoin of the year, $BAN, which is already making waves in the crypto market.

Within 24 hours of its debut, $BAN surged by an impressive 105%, climbing from a low of $0.045 to a new all-time high (ATH) of $0.409. The token has now become the 8th largest memecoin on the Pumpfun platform by market capitalization.

The current distribution of $BAN shows promising growth:

1. Network Distribution: $BAN operates across multiple blockchains, with 60% of its activity on Solana and 20% on Ethereum.

2. Market Capitalization: $BAN’s market cap has surpassed $100 million, with 35% of this year’s memecoins exceeding the $1 billion mark.

3. Spot vs. Futures Trading: Spot trading currently accounts for 35% of $BAN’s activity.

4. Performance: Remarkably, only one memecoin launched this year has experienced a decline, emphasizing the growing demand for these tokens.

Binance 上线今年第 20 个 Memecoin $BAN