A red-hot Solana (SOL)-based memecoin continues to soar after earning a listing by top crypto change Binance.
According to a new announcement, Binance is launching perpetual futures trading for Myro (MYRO), a dog-themed memecoin built on the Solana blockchain.
Says Binance,
“To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, 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 up to 50x leverage.”
After reaching its all-time low of $0.001995 on November 12th, the month of its launch, Myro has soared by more than 13,370% at time of writing. Following the Binance announcement, Myro continued to rally. The token is trading for $0.26 at time of writing, up more than 54% in the last 24 hours.
Binance also announced that it is listing the Solana-based memecoin Dogwifhat (WIF) for trading on its platform.
Says Binance,
“Binance will list Dogwifhat (WIF) and open trading for these spot trading pairs at 2024-03-05 14:00 (UTC).”
Binance is attaching a seed tag to WIF. The exchange applies seed tags to lower-liquidity tokens that tend to have more volatility. Users who own assets with tags are required to pass quizzes every 90 days to ensure they’re aware of their inherent risks.
Dogwifhat is trading for $1.26 at time of writing, up more than 83,433% since hitting its all-time low of $0.001555 in December 13th, 2023.
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