Binance has initiated the second phase of its “Vote to List” initiative, providing users with another opportunity to influence which tokens should make their way onto the exchange. This round features altcoins such as Virtual, Grass, and Story.
The voting commenced on April 2 and will continue until April 9, 2025, at 23:59 UTC. To participate, users need to have a verified Binance account and must maintain a minimum balance of 0.01 BNB in their wallets throughout the voting window.
Users eligible to vote can select up to five projects, but they are limited to one vote per project. Votes must be cast in response to the official Binance Square post to be counted.
This round shifts the focus from primarily meme coins to utility tokens in sectors such as AI, DePIN, and RWA (Real World Assets). Featured projects include Virtual Protocol, Morpho, Grass, Story, Ondo, Big Time, UXLINK, Aethir, Walrus, Safe, ZetaChain, and Plume.
Several of these tokens experienced significant movements today. Big Time (BIGTIME), a Web3 multiplayer RPG, surged by 70% before stabilizing with a 30% increase. UXLINK, ZetaChain, and Plume also enjoyed respectable gains of 18%, 9%, and 8%, respectively, following the announcement.
In contrast, other tokens showed little movement or declined as the overall cryptocurrency market fell by 3%, triggered by U.S. President Donald Trump’s newly unveiled “Liberation Day” tariff policies.
While Binance seeks to empower the community with a ‘greater voice’ through this initiative, the mere act of voting will not solely dictate which tokens are ultimately listed.
The final decision will take into consideration various critical factors, such as the project’s fundamentals, adoption rates, tokenomics, and any associated technical risks. Furthermore, Binance will evaluate the team behind the project to ensure compliance with necessary standards.
As previously mentioned, Binance introduced the “Vote to Delist” feature last month, enabling the community to cast votes on potential token removals from its monitoring list.
This announcement coincided with the delisting of five cryptocurrencies, which included AERGO, AST, BURGER, COMBO, and LINA.