Protos took an in depth have a look at Poloniex’s final 100 listings and located that nearly each single a kind of tokens have been memecoins.
We analyzed the newest 100 listings, from August 23 to October 29. Of those 100 tokens, 94 have been memecoins; the rest have been tokenized belongings, restaking, AI, and utility tokens.
Poloniex publicly claims that its “main goal is to offer customers worldwide with entry to the best crypto belongings obtainable.”
Effectively, the “most interesting” seemingly embody such distinguished examples as: slop, Fartcoin, Goatseus Maximus, PUSS, and Harambe.
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Learn extra: Justin Solar reveals Poloniex points forestall proof of reserves
There are additionally fairly just a few tokens that appear to signify mental property and likenesses that the groups don’t really management. Examples of such a token embody: Elmo, Wukong (the outline for the coin makes clear its a reference to Black Delusion: Wukong), Caprisun, and Changpeng Zhao.
The descriptions for a lot of of those tokens usually simply say ‘meme token,’ however when extra particulars are supplied, they usually appear suspect. Elmo claims explicitly that it “is the legendary character from the basic TV Present ‘Elmo’s World’” and even goes additional to say that “Elmo left behind his outdated world and arrived in TRON. He has change into the pink mascot of the pink chain, TRON.”
So far as Protos has been in a position to verify, there’s no settlement between TRON and the holders of the Elmo mental property, one thing Poloniex’s proprietor, TRON founder Justin Solar, ought to perceive.
Poloniex has a protracted historical past of itemizing belongings that different exchanges have averted, and the present memecoin frenzy appears to have supplied a technique to additional decrease its requirements.
Protos reached out to Poloniex’s itemizing staff to glean any details about its itemizing course of, however up to now haven’t obtained a response.
