Binance, the world’s leading cryptocurrency exchange platform has announced that it has added new functionalities for its latest integrated memecoins PEPE and FLOKI. This development brings a lot of excitement to crypto enthusiasts who have been eagerly waiting for Binance’s next move for these tokens after a very erratic trading weekend.
PEPE and FLOKI are new to Binance and the broader crypto market, but they already have a significant following due to the hype surrounding them and their community. Notably, these two cryptocurrencies represent a new wave of digital assets that are taking the financial world by storm, and Binance’s move to add new functionalities for them will undoubtedly add more value to the market.
The new functionality is their inclusion in Binance Convert, enabling users to easily flip the tokens through the Binance platform at 0 fees.
#Binance Convert adds $FLOKI and $PEPE.https://t.co/1c1GsOoKD4
— Binance (@binance) May 8, 2023
Boosting the PEPE and FLOKI Influence
One of the main benefits of the new functionalities added by Binance is that they will increase the usability and flexibility of both coins. This means that users can now perform more transactions with these coins, thereby making them more popular and valuable. Additionally, the new feature will also enhance the security and efficiency of these coins, which is crucial in ensuring their longevity and continued adoption.
Another key advantage of the exchange’s move is that it will stimulate more interest and investment in the crypto market. As more functionalities are added to PEPE and FLOKI coins, more individuals may be interested in buying and holding them, which will drive up their value. This, in turn, will attract more investors to the crypto market, resulting in increased liquidity and growth.
Interestingly, Binance’s decision to add more functionalities for PEPE and FLOKI coins is a significant development in the memecoin ecosystem.
PEPE and FLOKI Rises After Binance Listing
Recall that Binance listed FLOKI and PEPE after continued demand from its users, and after listing, FLOKI’s price jumps 40% while PEPE skyrocketed by 60%. The hype was so strong that traders were selling off SHIB and other meme coins to trade PEPE and FLOKI.
However, as reported by Coingape shortly after the listing, the exchange suspended market order functions for these coins to combat the volatility. For that period of time, users were unable to access the “Total” and “Slider for Amount Customization” whole placing markets orders.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
