Recently, Binance has increased the number of currently enabled currencies including Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE Coin, especially in the African continent. Will it push the prices of the meme coins higher?
Meme based cryptocurrencies particularly SHIB and PEPE have also greatly benefitted from the latest developments on the exchange and many hope that with more capital expected to pour into the broader crypto sentiment, the coins may gain traction in the market.
Binance has, once again, prompted a mayhem in not just the crypto trading sentiments, but also for stocks on Friday by announcing the expansion of trading options across some of the popular meme coins. On a positive note, the firm stated that it will broaden its scope for support towards
Dogecoin (DOGE) and Pepe Coin (PEPE) and Shiba Inu (SHIB) tokens which would lead towards better trade offers particularly in the Australian region. Therefore, there are many members of the crypto marketplace that are anticipating that increase in offerings might bring increase in prices as well in times to come.
Overjoyed DOGE, PEPE, and SHIB Traders as Binance Makes Announcement
As we have learnt through Binance dusting’s Twitter feed, they are enabling expansion for new p2p trading pairs with fiat currencies for select countries in Africa. The official feed quotes, today we launched the feature for DOGE, PEPE, and SHIB trading against Select African currencies, which include ETB, GHS, KES, RWF, TZS, UGX, XAF, XOF, and ZAR.
The exchange’s P2P section will allow the native user base to buy and sell those trading pairs with a variety of local payment options, so there is no doubt that these trading pairs will be in high demand as well.
Overall, this implies further inflow of funds into the top meme coins allowing them to expand further in other regions of the world. Additionally, having someone who specializes in price fluctuations
for active moneymaking strategies is advantageous when the sentiments remain that there is going to be a bull cycle extending to 2025 and the traders and investors have convinctions about the coins.
As per the discussion above, it is important to mention that other top P2P trading services like Binance have switched their focus by expanding pairs lately, which in some cases allows to wait out a difficult market. Overall, this suggests they are making expectations for a rally to come soon.
Which Meme Coin Is Exchanging With A Lot Of Activity?
All for One and One for All Seems to be the DeFi “meme” mantra thanks to Binance and master of love and memes DOGE, the cute dog, seems to be loving it as he made 1% gains today earning him a remarkable $0.3382. With a 24 hour all-time low and high of $0.3351 and $0.3442 respectively and a surprise, even this token took advantage of the weekly charts and made profits of a whopping 7%.
In the same way SHIB did not sit by with idle hands making an interruption gain of 2.5%, it has now reached a market price of $0.00002278 upon the verification of a low of $0.00002215 and a high of $0.00002294. There is a single fact that stands out, A Shiba Inu for most of its weekly had about 5% gain.
Last in the mix is the neck and neck PEPE meaning more money to earn as he showed the slightest aged of 0.5% delving deeper into history earning a small })0.00002026, a past 24hr low against a high recorded at $0.00002008 as well at $0.00002113. In the meantime the most recent PEPE variations told a different story as this frog garnered a 14% weekly return all thanks to the average price.
Alas, once again all eyes are wide open as everyone waits and watches for some sort of miracle to happen,uruary promising news is all that’s in speculation, whether the assets remain on the radar is decided by Binance alone, As this growing exchenage bazaar has yet again approved a famous custom making her fortnight all the more riveting, – It only gets better from here –
