Binance, the world's largest cryptocurrency exchange by trading volume, has announced its new listing of altcoins. The increasing volumes in the cryptocurrency markets are leading exchanges to list more aggressively. A few minutes ago, Binance announced the good news regarding the listing. When will Magic Eden (ME
Binance MagicEden (ME) Listing
According to the announcement made by Binance Exchange at the time of writing, Magic Eden (ME) token will be listed today at 15:00 (UTC). The ME/BTC, ME/USDT, ME/FDUSD and TRY pairs will be activated. Due to the great interest from Turkish crypto investors, Binance Exchange, which has been around for a long time, does not ignore the Turkish Lira pair in the listings.
The ME token from Magic Eden, an NFT platform heavily used by Solana investors, will be listed with a “seed tag.” This tag has a similar meaning to the “experimental” tag on the Coinbase exchange and warns investors about the risk of high volatility.
The token with a maximum supply of 1 billion WOO has seen a surge of over 25 percent on the perp pair. The gains may be limited by the strong general collapse in the crypto markets due to the listing.
In the opposite scenario, if volumes move here, those looking to profit during the general market exhaustion may also trigger speculative surges. Binance listings are usually done within 3 days to prepare the ground for local leaders and to identify profit zones well.