Binance, a leading cryptocurrency exchange platform, is listing Memecoin ($MEME), an ERC-20 token from Memeland by 9GAG, today. This follows the successful launch of the token on the Binance Launchpool. The introduction of Memecoin to the platform is expected to enhance its visibility and leverage the community around Memeland and 9GAG.
The exchange will support various trading pairs for Memecoin, including BNB, BTC, USDT, FDUSD, TUSD, TRY. In addition, Binance plans to enable Trading Bots services for the MEME/USDT pair within 48 hours of trading initiation and offers zero maker fees on certain pairs until further notice. Binance Futures will also launch the USDⓈ-M MEME Perpetual Contract with up to 50 times leverage.
Memecoin aims to integrate NFTs, gaming, and the metaverse into its ecosystem. Despite recent advancements, MEME has experienced a 20% price drop over the past week and a 21% decrease in market cap, now standing at $186,677,418. However, the trading volume remains constant at $198,172,059 with the current MEME price at $0.02127.
Memeland had previously announced $10 million in commitments for the token sale and is planning Airdrops and FireSale for MEME to boost investor interest amidst the coin's volatility. The token is predicted to reach $0.1 from a firesale price of $0.001.
In related news, Memeinator (MMTR), an AI-powered meme coin project likened to Shiba Inu, Pepe, and Floki Inu is currently in presale with over $1.1 million raised so far. MMTR integrates a gaming platform and NFTs, offers staking to MMTR holders, and aims for a $1 billion market cap. Its current price of $0.0125 is set to rise to $0.049 during presale stages.
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