Pepe Unchained: The Potential Next Meme Coin Listing on Binance
Binance, known for its foray into meme coins, has recently added NEIRO, BABYDOGE, and TURBO to its trading lineup, sparking speculation about the next coin to be listed on the platform. Many investors are eyeing Pepe Unchained (PEPU) as a potential candidate for the next listing.
Binance Welcomes Three High-Profile Meme Coins
In a recent tweet, Binance announced the listing of NEIRO, BABYDOGE, and TURBO with the “Seed Tag” label, allowing trading to commence at 10 am UTC on the same day. Investors were given the opportunity to deposit their tokens one hour prior to the trading launch, preparing for the coins to go live on the exchange.
NEIRO, dubbed as the “Heir of Doge,” is based on a dog that was adopted by the same owner as Kabosu, the original Doge. TURBO, an AI-created meme coin, has shown strong performance in 2024. BABYDOGE, created by Doge community fans, aims to raise awareness of animal welfare.
While these coins are not new, Binance is cautious of the risks involved. The “Seed Tag” serves as a warning to investors about the potential volatility of these coins, requiring them to complete a quiz every 90 days to continue trading.
Meme Coin Market Rebounds After Binance Listings
Following Binance’s announcement, the meme coin market has shown signs of resurgence, with established coins experiencing gains in the past 24 hours. Leading coins like PEPE and WIF have seen an increase of over 2%, while DOG has surged by 12%. NEIRO and BABYDOGE, the newly listed Binance coins, have recorded double-digit gains.
Despite some outliers like DOGE and BONK experiencing a slight decline of around 1%, the overall market sentiment is bullish, with spot trading volumes reaching $3.5 billion since the announcement. This uptick in activity hints at a potential revival for the meme coin market.
Speculation Mounts on Next Binance Listings
As optimism grows within the market, speculation is rife on which coins Binance might list next. In a bullish market environment, major exchanges are more inclined to list meme coins. If the current trend persists, more joke tokens could find their way onto prominent exchanges like Binance.
Could Pepe Unchained be the Next Listing on Binance?
One project that has garnered attention for a potential Binance listing is Pepe Unchained. With a successful presale performance and plans for a Layer-2 blockchain, PEPU has captured the interest of many investors. The project aims to create the “Pepe Chain,” a blockchain built on Ethereum that promises faster and more cost-effective transactions.
Pepe Unchained’s whitepaper touts the Pepe Chain as being up to 100 times faster than Ethereum, aligning with Binance’s focus on utility-focused coins. The project’s substantial presale funding of over $13.5 million reflects strong demand from retail investors.
With PEPU tokens priced at just $0.0097284 each, early investors stand to benefit from the presale stages offering the best prices. The project’s growing community, boasting over 22,000 followers on Twitter and Telegram, further bolsters its case for a Binance listing.
While a Binance launch is not guaranteed, Pepe Unchained’s Layer-2 plans and early presale success position it as a frontrunner for a potential CEX launch by the year’s end.
In conclusion, the meme coin market is experiencing a resurgence following Binance’s recent listings, with Pepe Unchained emerging as a strong contender for the next Binance listing. As the market continues to evolve, investors are advised to conduct thorough research and consult with professionals before engaging with any cryptocurrencies.