Finance
$Pepe, $Floki pumps hard following Binance listing
Crypto exchange Binance has revealed it would list Pepe (PEPE) and Floki Inu (FLOKI) in its innovation zone, according to a May 5 statement..
The crypto exchange said its users would enjoy zero maker fees on the spot trading of the memecoins True USD (TUSD) pairing.
Besides that, the tokens would be listed as a borrowable asset within the next 48 hours.
Meanwhile, Binance warned its users that memecoins are extremely risky assets to trade — adding that Pepe has no token utility or value support mechanism.
Binance also highlighted that the token insiders bought around 7% of its total supply immediately after its launch.
Binance wrote:
“FLOKI and PEPE are relatively new tokens that pose a higher than normal risk, and as such will likely be subject to high price volatility.”
Following the news, the two memecoins rallied by more than 50%, respectively, according to CryptoSlate data.
Floki’s value jumped to as high as $0.00005, while Pepe pumped to $0.0000029.
“Who did this to you?” – Video of a pregnant lady flaunting her massive baby bump sparks mixed reactions online
DHQ hails Simon Ekpa’s arrest and hopes he will be extradited to Nigeria to face justice
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
Five soldiers k!lled, 10 wounded and four missing as Boko Haram attacks troops in Borno
Wizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
“FC dey do too much” – Video of a Wizkid die-hard fan bathing with a JBL speaker as he dances to the singer’s hit song “Dance” stirs the internet (Watch)
-
Celebrity Gossip & Gist1 day agoWizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
-
Love & Relationship1 day agoLady cries out as she discovers her boyfriend of 11 months secretly infected her with HIV (Video)
-
Celebrity Gossip & Gist8 hours agoDiddy claims prosecutors showed judge edited Cassie video to make him look dangerous
-
Celebrity Gossip & Gist8 hours ago“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert