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Binance Announces Listing of Three New Meme Coins

Sep 16, 2024
  1. Listing on Binance
  2. Market Impact
  3. Future Outlook

Cryptocurrency exchange Binance has announced the listing of three new meme coins: Turbo (TURBO), Neiro (NEIRO), and Baby DogeCoin (BabyDoge). Trading will begin today.

Listing on Binance

Binance Holdings Ltd., the leading cryptocurrency exchange by daily traded volume and globally registered users, has announced the listing of three new meme coins. The recognized meme coin projects include Turbo (TURBO), Neiro (NEIRO), and Baby DogeCoin (BabyDoge). According to the official announcement, the cryptocurrencies will be traded with the Seed Tag applied on their respective pairs, including Tether USDT. Trading will commence today, with withdrawals opening on Tuesday, September 17.

Market Impact

Listing on Binance exposes these crypto projects to over 220 million globally registered users. Although some experts view the listing on Binance as an exit liquidity strategy, the overall effect can be summarized as bullish. Binance is a licensed platform in more than 19 jurisdictions with deep liquidity provisions. Additionally, trading bots and spot copy trading functions will also be able to access these meme coin projects.

Future Outlook

Following the announcement from Binance, these three crypto projects recorded notable gains despite the bearish sentiment in other crypto projects. For example, Neiro's price rallied over 440 percent in the past 24 hours to trade at approximately $0.000245. Baby Doge Coin surged over 55 percent, reaching a price of $0.00000000165. TURBO also rose by 17 percent, reaching a price of around $0.000438.

Listing on Binance marks a significant milestone for the development of crypto projects like Turbo, Neiro, and Baby DogeCoin, attracting the attention of a vast number of investors and traders worldwide.

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