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Solana-Based Memecoin That’s Up 13,370% Since November Continues Explosive Rally After Binance Listing

March 5, 2024
in Altcoin
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A red-hot Solana (SOL)-based memecoin continues to soar after incomes an inventory by prime crypto change Binance.

In response to a brand new announcement, Binance is launching perpetual futures buying and selling for Myro (MYRO), a dog-themed memecoin constructed on the Solana blockchain.

Says Binance,

“To broaden the record of buying and selling selections supplied on Binance Futures and improve customers’ buying and selling expertise, Binance Futures will launch the MYROUSDT Perpetual Contract and 1000PEPEUSDC Perpetual Contract at 2024-03-05 08:30 (UTC) and 2024-03-07 08:30 (UTC) respectively, with as much as 50x leverage.”

After reaching its all-time low of $0.001995 on November twelfth, the month of its launch, Myro has soared by greater than 13,370% at time of writing. Following the Binance announcement, Myro continued to rally. The token is buying and selling for $0.26 at time of writing, up greater than 54% within the final 24 hours.

Binance additionally introduced that it’s itemizing the Solana-based memecoin Dogwifhat (WIF) for buying and selling on its platform.

Says Binance,

“Binance will record Dogwifhat (WIF) and open buying and selling for these spot buying and selling pairs at 2024-03-05 14:00 (UTC).”

Binance is attaching a seed tag to WIF. The trade applies seed tags to lower-liquidity tokens that are inclined to have extra volatility. Customers who personal belongings with tags are required to move quizzes each 90 days to make sure they’re conscious of their inherent dangers.

Dogwifhat is buying and selling for $1.26 at time of writing, up greater than 83,433% since hitting its all-time low of $0.001555 in December thirteenth, 2023.

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Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any loses you might incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in internet affiliate marketing.

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Tags: BinanceContinuesExplosiveListingMemecoinNovemberrallySolanaBased
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