jakiro
Jessy, bitchain vision
The bear market in mid-2024 is a great challenge for investors. How can investors survive the bear market smoothly and accumulate capital to welcome the arrival of the bull market after Trump’s election?
On the one hand, it depends on the exchange chosen by investors in the cycle rhythm of the currency listing strategy, as well as some measures it has made to protect the interests of investors.
This year, Binance, which has steadily survived a series of storms, still occupies the number one throne on the exchange track.At present, Binance’s number of users has exceeded 225 million, of which the number of new users this year has exceeded 40 million.
The newcomers chose Binance as always.Success in a market with extremely high volatility relies on Binance’s currency listing strategy and launching a series of high-return financial products to ensure the return on investment of users. This is Binance’s “skill” for success.
Binance’s successful “Tao” is always insisting on standing with users.
A currency listing strategy that focuses on quality rather than quantity
In 2024, unlike some very radical currency listing strategies in the second and third tier cities, Binance’s currency listing is still selective and adheres to the principle of focusing on quality rather than quantity.
According to a research report by Animoca Digital Research, Binance launched 44 tokens in the first three quarters of this year.In comparison, KuCoin and Bybit both launched more than 150 tokens, and Bitget launched 339 Abi.It is also thanks to this selective currency listing model that Binance achieved the highest rate of return in the bear market in the middle of this year.
As of September 2024, the average returns of these exchanges were Binance-27.00%, bybit-50.20%, KuCoin-48.30%, and Bitget-46.50% respectively.This also shows that Binance has implemented a more effective selective online strategy, and token prices perform relatively better in the challenging altcoin market environment.
Specifically, Binance has its consistent principles when choosing currency listing.He Yi, the first sister, said that the principles are divided into three points: one is to use projects that users need, projects that have users and traffic; the second is to use projects that have lived for a long time; and the third is to use projects with solid business logic.
Under the bear market in the middle of this year, the market liquidity was insufficient, the low market value Meme was fully circulated, there was no large selling pressure of VC, and the pull-up resistance was small, which became the only way out for retail investors at that time.Binance has also been on some popular Meme tokens.
According to data summarized by X user Aunt Ai, as of November 18, Binance has launched a total of 20 Memecoin projects (including contracts and spots) since 2024. Among all the online projects, spot transactions account for 35%, only one project fell after it went online, and the lowercase $NEIRO increased by as much as 7594%.
On November 11, the price of Binance’s PNUT and ACT went online. After Binance was launched, the price of ACT soared 16 times in half an hour. The initial market value rose from US$20 million to US$350 million, and it still continued to be listed after the currency was added.With a 72.60% increase, it ranked among the MCAP top200.PNUT is not showing any weakness, it tripled in just one hour, catering to market hotspots and election narratives, and even experienced a 4-fold increase after it went online, with a market value soaring to US$400 million.
As one of the important narratives of this cycle, Meme tokens are undoubtedly something that Binance cannot and should not miss.
He Yi said that Binance also reflected on Meme coins. In the dispute between big and small neiro, due to community criticism, Binance reflected more on what is a good MEME, so he chose to use the tokens to disperse andMEME projects with low market value.
From the choice of Meme, we can also see that Binance is always considering issues from the perspective of users. Meme with concentrated chips has a higher probability of cutting leeks, while Meme projects with scattered tokens and low market value are the only ones.Give ordinary people more opportunities to make money.
The other two principles of Binance’s currency list are projects that have lived for a long time and projects that have solid business logic.Following these two principles, Binance launched projects with solid business logic such as TON, Arkham, a concept coin similar to AI, and Pendle, which was re-noticed by the market through resting craze.
The above projects themselves are sustainable, and their value has been verified after experiencing the deep baptism of the bear market.
Binance’s currency listing behavior has also brought more exposure and liquidity to the project.This is a win-win situation for users and projects.The data also shows that it is through Binance’s strict control that at least in the bear market in the middle of this year, users have reduced losses.
Rich financial products to ensure users make money
Data shows that the average ROI return of Binance Launchpool project this year is 2.13 times.The average valuation of the project is US$326 million, with a total financing of US$929 million in Launchpool.
The data is very eye-catching.Generally speaking, traditional trading platforms cannot guarantee users to make money.But at Binance, users can hold BNB or FUSD or airdrops for some new projects.This ensures that users can “make money”.
In this bull market, Binance launches Launchpool more frequently, and user agencies holding BNB or FUSD on the platform can participate in Launchpool to obtain new currency airdrops.
Especially for users who hold BNB, they can not only obtain the steady increase of BNB, but also a wealth of financial products such as Launchpool can bring objective “passive income”.
The airdrop of the new currency is not limited to Launchpool, but also channels such as Hodler Airdrop and Megadrop.In addition, the BNB in Binance Web3 wallet can also participate in the airdrop of new coins.
For conservative investors, they can hold a large amount of BNB, which can not only enjoy the profits of BNB rising, but also obtain airdrops of new coins, thus achieving more fish.
On the other hand, holding BNB and obtaining stable financial income within the platform can hedge the risk of token decline in the bear market.In the bull market, users can obtain the most popular tokens at the moment through financial management methods such as Launchpool, and obtain rich returns. While they also participate in the most popular narratives in the industry without risk, helping popular projects to raise funds andPromote and participate in the construction of the industry.
In addition to the popular Launchpool, Binance also has a wealth of other financial products.Currently, Binance Financial Management has financial products such as currency earning, ETH pledge, Binance mining pool, BNB income pool, DeFi mining, dual currency investment, etc.These products can be divided into guaranteed and high-yield types to meet the various investment needs of users.
Stand with users
He Yi once said that Binance’s success is because it hits the pulse of the times and stands with users.
Discovering the needs of users in the industry and meeting their needs is the core reason for Binance’s success.
The evolution of Launchpool is a proverb. At the earliest, users who participated in Binance’s Launchpool needed to invest BNB or specific stablecoins into the Launchpool pool, and it was time to go, and they needed to “claim” their income by themselves, but this year, usersAfter using BNB to subscribe for a guaranteed currency product, you can accumulate interest and automatically obtain the reward qualification for Launchpool, Megadrop and HODLer airdrops, without automatic investment and confirmation. In addition, the BNB in Binance Web3 wallet can also participate in the airdrop of new coins.Binance’s move undoubtedly simplifies the participation process and benefits users.
Binance not only meets the needs of users in transactions. Binance starts from trading, but not only trades. The emergence of Earn, Plaza, Pay, and Web3 wallets is enough to prove that Binance is using a wealth of products to satisfy users.There are many demands in the industry.
Binance Plaza allows users to understand the industry’s information and find the wealth password.Binance Pay makes cryptocurrency truly applied to real scenarios.
As I said, Binance has been trying to explore how to cross the gap and truly popularize blockchain technology, so that ordinary people can use blockchain, not just speculate on blockchain, ordinary users can do it withoutKnow what blockchain technology is, but benefit from blockchain.
Binance has great ambitions to support the development of the industry, and the realization of these ambitions depends on the perception and satisfaction of industry and user needs.
