PEPE & Floki Price Soars 100% on Binance Listing!

Binance Lists Meme Coins PEPE & Floki

• Binance has announced the listing of meme coins Pepe (PEPE) and Floki (FLOKI).
• The spot trading of the two meme coins‘ pairs will commence on Friday at 16:00 UTC.
• Both tokens witnessed a significant price increase with PEPE surging 68% and FLOKI spiking 60%.

Trading Pairs for Meme Coins

Binance will offer isolated margin pairs of both tokens including FLOKI/USDT, and PEPE/USDT. The exchange also announced that withdrawal of FLOKI and PEPE from Binance is set to begin tomorrow with a listing fee for both coins set at zero BNB.

Binance Innovation Zone

The exchange announced that the spot trading of the two meme coins’ pairs will commence on Friday at 16:00 UTC. Notably, Binance’s Innovation Zone is a dedicated trading zone where users can trade upcoming crypto tokens that possess higher volatility than others.

Price Action After Listing

Following the announcement, both meme coins scaled to a new 24-hour high. According to market data provided by Binance-backed Coinmarketcap, Pepe coin was up approximately 68 percent in the last 24 hours to trade around $0.00000280. Interestingly, Pepe had a market capitalization of $1,177,663,510 with a 24-hour trading volume of about $728,406,168. Meanwhile, Floki (FLOKI), spiked more than 60 percent after the announcement to trade around $0.00005299 on Friday with its fully diluted market capitalization standing at about $1,027,702,785.

Conclusion

The highly anticipated listing of Pepe (PEPE) and Floki (FLOKI) on one of the world’s leading exchanges has resulted in an impressive price spike for both tokens within just 24 hours after its announcement due to increased adoption by investors worldwide.