A memecoin pump on Binance refers to a sudden and significant increase in the price of a meme-based cryptocurrency that is listed on the Binance exchange. This surge is often driven by hype, social media trends, and Fear Of Missing Out (FOMO) among investors, rather than any fundamental value or utility of the coin. Listings on major exchanges like Binance can expose these coins to a massive user base, further fueling speculative buying and rapid price appreciation. ๐๐๐ถ๐ธ
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