Altcoin
Binance key announcement for WIF, BONK, FLOKI, NOT, ZK and 6 other cryptocurrencies
The largest in the world Binance cryptocurrency exchange on Tuesday said it will add new FDUSD, USDC and USDT trading pairs on cross margin and isolated margin. Binance will list several cryptocurrencies including SATS (1000SATS), dogwifhat (WIF), Notcoin (NOT), Bonk (BONK), zkSync (ZK) and Floki (FLOKI).
Binance announced a major move regarding NOT, WIF, BONK, ZK and 7 other cryptocurrencies sparking speculation in the community. Will the FDUSD quote pairs for these bring a recovery of these cryptocurrencies?
Binance announces major cryptocurrency listings
Cryptocurrency exchange Binance New FDUSD, USDC and USDT crosses and isolated margin trading pairs were listed in an official announcement on June 18. Users can start trading cryptocurrencies such as dogwifhat, Notcoin, Bonk, zkSync and Floki today.
The new cross margin trading pairs are 1000SATS/FDUSD, BB/FDUSD, BONK/FDUSD, ETHFI/USDC, FIRO/USDT, FLOKI/FDUSD, NOT/FDUSD, PEOPLE/FDUSD, W/FDUSD, WIF/FDUSD and ZK / FDUSD.
Additionally, the new isolated trading margins are 1000SATS/FDUSD, BB/FDUSD, BONK/FDUSD, ETHFI/USDC, FLOKI/FDUSD, NOT/FDUSD, PEOPLE/FDUSD, W/FDUSD, WIF/FDUSD and ZK/USDT.
Users can enjoy zero-cost trading commissions on FDUSD pairs based on user levels, such as VIP.
“Binance Margin is committed to improving users’ trading experience by continually reviewing and expanding the list of trading choices offered on the platform, allowing for greater diversification of users’ portfolios and flexibility with trading strategies, as per Binance’s statement .
Read also: The top executive of the US SEC resigns after 9 years of service
Will WIF, BONK, FLOKI and ZK reunite?
The price of ZK has plummeted by more than 11% in the past 24 hours after listing, with the price currently trading at $0.2212. The 24-hour low and high are $0.1904 and $0.3098, respectively. zksync has faced backlash from the crypto community due to limited ZK token launches.
Meme coins WIF, BONK and FLOKI also fell more than 10% amid the broader cryptocurrency market sell-off. Solana based meme coins BONK and WIF prices are trading at $0.0000212 and $2.10, down 11% and 14% respectively. While, FLOKI price fell by 11%, with the price currently trading at $0.0001688.
The drop in altcoins is likely due to South Korea’s 600 review cryptocurrency lists on domestic cryptocurrency exchanges ahead of the Act on the Protection of Users of Virtual Assets coming into effect in July.
Read also:
✓ Share:
Varinder has 10 years of experience in the Fintech industry, with over 5 years dedicated to blockchain, cryptocurrency and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000 news stories, articles and documents. With CoinGape Media, Varinder believes in the enormous potential of these innovative future technologies. He is currently covering all the latest updates and developments in the cryptocurrency industry.
The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for personal financial loss.