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Binance Listing Pushes Floki, Pepe up More Than 50%

Crypto exchange Binance has revealed it would list Pepe (PEPE) and Floki Inu (FLOKI) in its innovation zone, according to a May 5 statement.

The crypto exchange said its users would enjoy zero maker fees on the spot trading of the memecoins True USD (TUSD) pairing.

Besides that, the tokens would be listed as a borrowable asset within the next 48 hours.

Meanwhile, Binance warned its users that memecoins are extremely risky assets to trade — adding that Pepe has no token utility or value support mechanism.

Binance also highlighted that the token insiders bought around 7% of its total supply immediately after its launch.

(by Oluwapelumi Adejumo)

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