Crypto: The Surprises Of Binance’s First “Vote To List”

Binance reveals the winners of its first “Vote to List” campaign: four crypto tokens elected by the community, but one of them collapses immediately after the announcement. An unprecedented initiative that shakes up the codes of decentralized governance and yet reveals the flaws in the crypto market. Discover the full story.

Binance reveals the winners of its first “Vote to List”

On March 27, 2025, excitement was palpable around the “Vote to List” program launched by Binance. For the first time, users had the opportunity to directly influence the upcoming listings of tokens on the crypto platform. Out of the nine competing projects, only four made it through the selection threshold: Mubarak (MUBARAK), CZ’S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31). Each token will have trading pairs with USDT (banned in Europe) and USDC. While deposits have been open since yesterday, withdrawals will be available today, March 28.

Initially planned to only lead to two new listings, the campaign ultimately allowed four crypto projects to access the holy grail of listing on Binance. This decision, explained by the platform, results from a cross-examination of community votes, fundamental analysis, trading demand, regulatory compliance, and risk assessment.

Memecoins: between enthusiasm and exhaustion

The case of the MUBARAK token, however, illustrates a contrasting dynamic. Although it received enough votes to be among the elected, its price has already dropped by 13% since the announcement of the results. The cause: market fatigue towards memecoins. In contrast, the assets BROCCOLI714 and TUT saw their value explode shortly after the announcement, driven by immediate speculative demand and the novelty effect.

This community vote reveals several notable trends. On one side, it reinforces user engagement and positions Binance as an attentive player to its base. On the other, it highlights the structural fragility of memecoins, whose volatility remains uncorrelated to solid fundamentals. The emergence of educational tokens like TUT or quirky universes like BROCCOLI714 also shows that the crypto imagination continues to renew itself, but on a razor’s edge between humor, speculation, and utility.

With “Vote to List”, Binance experiments with a hybrid governance that redefines the relationship between platform and community. A relationship already strong, since it recently helped the exchange to unmask a fraudulent employee! This time, even if the engagement is very real, the volatility of the selected tokens reminds us that hype does not replace analysis. An initiative that could well pave new ways for upcoming crypto listings.