An asset’s listing on Binance often significantly boosts its value. Recently, some altcoins have shown promising signs of becoming investor favorites.
BeInCrypto has analyzed three such altcoins that are expected to be listed on Binance this month, potentially driving their growth.
Useless (USELESS)
USELESS has emerged as one of the top-performing altcoins this month, thanks to its unique take on meme coins. By embracing its own irony of being “useless” while gaining significant attention, the token has piqued investor interest, making it a sought-after asset in the current crypto market.
In the past month, USELESS has seen explosive growth, rising from a market value of $9 million to $217 million, marking an incredible 2,311% increase.
The demand for USELESS is expected to continue as the token forms new all-time highs (ATHs), following a 1,917% rise in price in June.
Binance often targets coins that can generate substantial trade volume, and USELESS fits this profile. With its rising popularity and unique market appeal, the altcoin could attract significant attention from the exchange, helping push its price toward $0.400 and potentially forming a new ATH in the process.
Euler (EUL)
Euler has made a strong comeback after facing a $197 million exploit in 2023. The DeFi protocol gained significant attention earlier this year when BlackRock selected Euler to enable its tokenized Treasury fund, BUIDL, as collateral on the Euler lending platform.
In June, exchanges accumulated $3.55 million in EUL, resulting from a balance between inflows and outflows. This helped the altcoin’s price rise by 24% since the beginning of July, with the current trading price at $13.31. The recent price increase suggests growing market interest in Euler.
With a total value locked (TVL) of $1.15 billion, Euler is well-positioned to attract attention from platforms like Binance. If the demand continues, Euler’s price could surpass $14.00 this month, marking further growth for the protocol and its native token.
Cronos (CRO)
Cronos (CRO) is a leading candidate for a Binance listing in July, following the proposed Crypto Blue-Chip ETF filed by Truth Social. The fund includes 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% XRP.
This positions Cronos as a key asset in the fund.
Of the tokens in the proposed fund, only Cronos (CRO) is not currently listed on Binance. If the SEC approves the Crypto Blue-Chip ETF, Binance could fast-track Cronos’ listing. This move would likely draw more liquidity and investor interest toward CRO, fueling its price growth.
Cronos’ price surged by 18% over the last 24 hours, signaling strong momentum. If the SEC approves the ETF listing and Binance acts swiftly, CRO could break through key resistance levels and surpass $0.1007. The upward movement would benefit investors, continuing the positive trend for the altcoin.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
