Binance Adds FLOKI and PEPE to Innovation Zone: Two New Meme Coins Listed for Trading
Binance, one of the world's leading cryptocurrency exchanges, has announced that it will list two new meme coins, FLOKI (FLOKI) and Pepe (PEPE), in the Innovation Zone. The platform will open trading for these spot trading pairs at 2023-05-05 16:00 (UTC). Users can start depositing FLOKI and PEPE in preparation for trading, and withdrawals for both coins will open on 2023-05-06 16:00 (UTC). Pepe Coin has already been listed on leading exchanges such as OKEx and Gateio, while Floki has found its place on exchanges like KuCoin and Bitfinex
Binance has not charged a listing fee for FLOKI and PEPE. The exchange has also added FLOKI and PEPE as new borrowable assets with new margin pairs on Isolated Margin within 48 hours from the time of listing.
Pepe is a meme coin based on a popular cartoon character, "Pepe the Frog." However, it is essential to note that the token has no utility, and it was created by an anonymous team. On the other hand, FLOKI is a memecoin project that has developed several products, such as an NFT-based game, NFT collections, and a crypto debit card. FLOKI is the utility token for the product ecosystem.
The current price of Pepe coin is up by 60% in the past 24 hours, trading at $0.000002646, while FLOKI is up by 40%, trading at $0.00004699. These price changes indicate that both coins have gained significant interest from investors in recent times.
In conclusion, Binance's decision to list FLOKI and PEPE is a positive development for meme coins' enthusiasts. This move highlights the growing interest in meme coins, which have gained significant popularity in recent times. However, users should exercise caution when trading these coins as their value is often highly volatile.