Many traders are keen to find early meme gems, quite understandably–when spotted early, memecoins can generate insane returns. Yet in addition to finding early meme gems, potential investors will also want to assess the safest platforms to buy memecoins to avoid getting rugged. This consciousness tends to direct investors to CEXes, since they take it upon themselves to filter their listings.
But which CEXes have the propensity to list earlier than others?
Recently, ACT, PNUT and GOAT tokens have taken the meme market by storm and are now listed on Binance; while they have all surged since then, the listing didn’t exactly happen early. Take PNUT for instance, about half a week before it listed on Binance, Okx, Kucoin and Bybit, it had already listed on Bitget. Buying it on the first day means 4x on Binance, but a whooping 17x on Bitget. GOAT, in the same vein, listed on Bitget 5 days before Binance, and it has grown by 1.4x so far.
Undeniably, these memecoins tend to enjoy increased exposure when they list on Binance, however they are often listed only when they’ve grown to a considerable height after early listing on exchanges like Bitget, but as we already know when trading memecoins or any other crypto, early detention is key to achieving massive returns.
Where would you rather spot early meme gems?