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Solana-based meme cash are shaping as much as be winners of this cycle as they’re gaining widespread acceptance from crypto buyers. Two of the main meme cash of this demographic have additionally achieved one other main milestone, with listings on Binance, the world’s largest crypto trade.
Myro and WIF obtain Binance itemizing
On Tuesday, Binance introduced that it will likely be including two new meme coin buying and selling pairs to its futures platform. These two meme cash embrace PEPE and MYRO, each of which have gained lots of consideration recently. PEPE already has a PEPE/USDT pair on its platform, so Binance is now including a PEPE/USDC pair.
So far as Myro is anxious, that is its huge debut on the trade with the launch of the Myro/USDT perpetual contract. Nevertheless, this checklist solely applies to the futures buying and selling platform as it isn’t but that can be purchased Myros on Binance.
The PEPE/USDC perpetual contract is scheduled to start buying and selling on Thursday, March 7 at 08:30 UTC, whereas the MYRO pair started buying and selling on Tuesday at 08:30 and has seen a heat reception from the market to this point.
Quantity on the MYROUSDT perpetual contract has already elevated to nearly $40 million inside three hours of buying and selling on the time of writing. Equally, MYRO's every day buying and selling quantity has additionally surged by 185% to $329.8 million within the final 24 hours.
Binance additionally introduced on Tuesday that it’s going to checklist WIF for spot buying and selling with the seed tag. This comes simply days after buying and selling platform Robinhood introduced it was itemizing WIF for buying and selling, which initially despatched its market cap above $1 billion.
Solana-based meme cash take crypto by storm
Over the previous yr, Solana-based meme cash have been giving their Ethereum counterparts a run for his or her cash. As of now, two Solana-based meme cash, BONK, and WIF, have surpassed $1 billion in market cap, and Myro is ready to hitch their ranks.
Myro noticed an preliminary 50% surge following Binance's announcement earlier than the drawdown. Nevertheless, inside hours of being listed for buying and selling, the meme coin has carried out properly for buyers with an nearly 100% rally within the final 24 hours. It’s buying and selling above $354 with a market cap of $0.35 million.
WIF has additionally seen optimistic progress from the Binance itemizing with its value rising by 10% within the final 24 hours. It’s at $1.89 with a market cap of $1.9 billion. As for BONK, additionally it is driving the wave of meme cash with a 15% rise within the final day and a $3.55 billion market cap.
MYRO value at $0.34 | Supply: MYROUSDT on Tradingview.com
Featured picture from CryptoPotato, chart from tradingview.com