Analysis: The launch of small-cap meme coins on Binance US may involve insider trading operations

According to crypto analyst @SpecterAnalyst, Binance US suddenly announced the listing of the small-cap meme coin USDUC, with suspected insiders profiting over $417,000 from it.

According to on-chain information, multiple wallets received funds from Kraken, MEXC, and Coinbase hours before the announcement, buying USDUC at a low price in the early session and realizing huge profits ranging from $45,000 to $137,000 through the favorable listing. Additionally, according to GMGN market information, the current market capitalization of USDUC is reported at $16.94 million, with a 24-hour trading volume reaching $24.1 million.