RootData: 76 projects valued at less than 300 million dollars or prioritized to meet Binance's public listing plan.

According to ChainCatcher news, a study published by the Web3 asset data platform RootData on the X platform indicates that by analyzing 20 projects launched on Binance Launchpool over the past three years, it was found that their final average valuation in the primary market is $217 million. Furthermore, by studying the investment data of the top 10 institutions most likely to invest in Binance Launchpool, it was discovered that their portfolios contain 76 projects valued under $300 million, or prioritize meeting Binance's public listing plan.

In addition, RootData also stated that considering the overlapping investment targets of the top 10 institutions most likely to invest in Binance Launchpool and the latest disclosed valuations of the projects, Puffer Finance, DappOS, Ultiverse, MyShell, Xterio, and others are potential popular projects for listing on Binance Launchpool.

Earlier, ChainCatcher reported that Binance announced it would first support small and medium-sized cryptocurrency projects, inviting quality teams and projects to apply for Binance listing projects, including: direct listing, Launchpools, Megadrops, etc. The aim is to strengthen support for projects with good fundamentals and sustainable business models to promote the development of the blockchain ecosystem.