cryptocurrency research and development platform CryptoRank has announced the next candidates for the Launchpool projects that Binance has recently increased its frequency.
In the company’s opinion, it is among the most important group of altcoins that can be launched through Binance Launchpool. LayerZero, Monad And xterio It is located.
LayerZero is known as an interoperability protocol, Monad is a layer 1 chain, and Xterio is a GameFi-themed token.
The latest project of Binance Launchpool Renzo (REZ), Although the restaking theme is popular, with a current market value of $191 million, it was disappointed with its performance. The low supply allocated to the token’s community and the early unlocking of the tokens distributed in Binance Launchpool from community tokens played a role in this.
CryptoRank included 6 altcoins in the second important group among the tokens that can be candidates for Binance’s new Launchpool. Among these MilkyWay, Puffer Finance, Initia, Babylon, StakeStone And Subject to is available.
MilkyWay, Puffer Finance and StakeStone; Altcoins with a restaking theme, similar to REZ. However, Initia is a layer 1 blockchain, Babylon Bitcoin DeFi and Tabi stand out as NFT-themed projects.
The third important group shared by the company in its analysis is Tea, KiloEx And ZkPass has projects.
Tea, developer tools; KiloEx is known as a perpetual futures decentralized exchange (DEX) and zkPass is a digital identity themed altcoin.
However, among the forecast projects in question, Monad and LayerZero received the most investment with $244 million and $120 million, respectively.
*This is not investment advice.
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