Binance Lists Pepe (PEPE), Will the Meme Token Hit a New ATH?

  1. Binance announces the listing of FLOKI and PEPE to its Innovation Zone.
  2. Two trading pairs have been set for each meme token.
  3. Will the hype for Pepe take it to a new ATH after this listing?

Looks like the crypto world is starting to take the power of the Pepe (PEPE) token seriously. In an inevitable move today, Binance announced the listing of the seemingly infallible meme token of this quarter. 

To highlight, Binance has just announced its intention to list two popular meme tokens onto its platform. According to Binance’s official announcement, the popular crypto exchange will list both FLOKI (FLOKI) and Pepe (PEPE). The announcement adds that these two meme tokens will be listed in Binance’s Innovation Zone. 

Most traders are skeptical about trading meme tokens, but Binance’s move to list these tokens in its Innovation Zone is a step to allow traders to comfortably trade these meme tokens. After all, the Innovation Zone was introduced to give Binance users a safe place to trade new project tokens. 

No doubt this has been an exceptional week for Pepe (PEPE). The meme token has soared in a matter of days and has set new all-time highs (ATHs) for itself. Just a few minutes ago the token set its ATH at $0.00000302.

Coming back to Binance’s announcement, the official post shared additional details. In particular, it says that Binance’s Innovation Zone will open trading for both FLOKI and PEPE under spot trading pairs at May 05, 2023 16:00 UTC. 

In extension, the notice says the new spot trading pairs available to the traders will be FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, and PEPE/TUSD. Presently, users can begin depositing their FLOKI and PEPE onto the platform to prepare to trade. 

Adding on, withdrawals for both FLOKI and PEPE will open from May 06, 2023 16:00 UTC. For interested traders, note that the Binance official notice says there will be 0 BNB listing fee for FLOKI and PEPE. 

Lastly, the post reminds users that withdrawal time is an estimated time just for their reference. So, users must make sure to view the actual status of withdrawals on the withdrawal page. Finally, Binance says it will add FLOKI and PEPE as new borrowable assets with margin pairs as stated on Isolated Margin within 48 hours from May 05, 2023 16:00 UTC. 

Read also:

Tags:
disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.