
April 15th, 2025
PEPE saw a surge of 24% in the past 24 hours. Currently, the token boasts a market cap of $4.9 billion.
Following the announcement, the affected cryptocurrencies have all shown varying degrees of volatilities.
The rapid rise of meme coins can be attributed to their viral nature and the strong communities behind them.
By announcing ahead of time, Binance hopes that it has given users the needed opportunity to adjust their positions and trading strategies accordingly.
DWF Labs has a proven track record of supporting innovative projects in the Web3 space. The market maker can provide financial support and a partner network of over 700 projects.
Bitcoin’s decline triggered a chain reaction, impacting other cryptocurrencies, including Ethereum, which dropped 2.18% to around $3,440, while meme coins like Shiba Inu, PEPE, Dogwifhat, and Floki fell over 10%.
Coinbase announced similar listings in May, which included Bonk, FLOKI, and Shiba Inu perpetual futures on the leading crypto exchange.
The surge in Beercoin’s value coincides with the culmination of a major token burning event, scheduled to end today, June 10, at 1 PM UTC.
The popular meme stock trader has also influenced GameStop-inspired meme coins on various chains amid ongoing crypto bullish sentiments.
KuCoin has also announced a 1,200,000 BRETT giveaway to celebrate the listing, incentivizing users to invite others to the platform with the promise of token rewards.
Binance announced the support for the mid-cap altcoins led by Notcoin and will begin trading on June 7, 2024.
The surge comes soon after popular digital asset analyst KALEO speculated that the token’s market capitalization could “easily” reach $10 billion during the next bull cycle.
Floki is currently priced at $0.0002646 with a market cap of $2.5 billion while SUI is worth $1.03 with a valuation of $2.4 billion.
DWF Labs has continued to show great confidence in Floki’s transformation from a meme coin to a project with real-world applications.
Floki Inu fans believe that the recent surge in the popularity and value of GameStop shares could be a reason for this bullish outbreak.