Binance to list Memecoin crypto (MEME)

Binance will open trading for Memecoin (MEME) tomorrow. The crypto project led by 9GAG has raised over 10 million dollars at a recent ICO.

The giant Binance announced this morning the opening of trading for Memecoin (MEME) November 3, 2023 at 9 a.m. CET with BTC, USDT, BNB FDUSD, TUSD and TRY pairs.

In addition, Trading Bots services will be activated for the MEME/USDT trading pair within 48 hours of the trading start time,” said the exchange, which had already added the token to its Launchpool program last week.

Other crypto exchanges, such as Bitget and KuCoin, also provide for to list MEME on Friday morning.

Launched by entertainment website 9GAGAt the end of October, via its Memeland initiative, the Memecoin project collected over 8,700 ethers in a public auction.

As the name suggests, MEME is positioned as a meme coin, i.e. a token that has no utility whatsoever and is reserved solely for pure speculation. Leading meme coins today include DOGE and SHIBA, with market capitalizations in the billions of dollars.

Read:  Blockstream pushes back the release of its BTC miner to the end of 2024

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