Binance Goes Bonkers for Meme Coins

Ah, Binance, the cryptocurrency exchange that’s always ready to jump on the latest bandwagon, or should I say, meme coin 🀣. They’ve been busy bees, lifting the Seed Tag from some popular cryptocurrencies, because, you know, who doesn’t love a good meme coin? πŸ€·β€β™‚οΈ

  • The Seed Tag is like a warning label on a pack of cigarettes, or in this case, a cryptocurrency that’s considered riskier than a game of roulette 🎲. Binance decided to remove it from some meme coins like Bonk (BONK), Pepe (PEPE), and Pudgy Penguins (PENGU), because, apparently, they’re not as dodgy as they used to be πŸ™…β€β™‚οΈ.

  • Not content with just that, they also updated their VIP Loan service, because who doesn’t love a good loan, right? πŸ“ˆ They added some new assets to the list, including Newton Protocol (NEWT) and Sahara AI (SAHARA), because, you know, more is more 🀯.

More Love for Meme Coins

Binance is like the cool kid on the block, always trying to stay on top of the latest trends πŸ€”. They’ve been offering trading services for multiple meme coins, because, let’s be honest, who doesn’t love a good meme? πŸ“Ή. The Seed Tag was like a big red flag, warning users that these coins were riskier than a game of Jenga 🀯.

On July 21, Binance announced that they’d removed the Seed Tag from some popular meme coins, and we’re not talking about just any meme coins, we’re talking about the likes of Bonk (BONK), Pepe (PEPE), and Pudgy Penguins (PENGU) 🐧. EigenLayer (EIGEN) and ether.fi (ETHFI) also got the nod of approval πŸ‘.

Binance said they’ll continue to review the list, because, you know, the cryptocurrency world is like a big game of musical chairs πŸ•Ί. They’ll be checking factors like the team’s commitment, development activity, trading volume, and community sentiments, because, apparently, they care about that sort of thing πŸ€—.

They also added some new trading pairs, because more is more, right? 🀯. The ETC/USDC, GRT/USDC, and ROSE/USDC pairs were added on July 22, because, you know, variety is the spice of life πŸ’ƒ.

But, alas, the prices of Ethereum Classic (ETC), The Graph (GRT), and Oasis (ROSE) didn’t exactly skyrocket πŸš€. Maybe it’s because Binance wasn’t listing new cryptocurrencies, just new trading pairs πŸ™…β€β™‚οΈ.

Other Changes

Earlier this month, Binance added Newton Protocol (NEWT) and Sahara AI (SAHARA) to their VIP Loan service, because, you know, loans are always a good thing πŸ“ˆ. The service lets premium users borrow lots of crypto using their current holdings as collateral, because, you know, who doesn’t love a good loan? πŸ€·β€β™‚οΈ.

But, surprisingly, NEWT and SAHARA didn’t exactly pump after the news πŸš€. Maybe it’s because the cryptocurrency market is like a big game of poker, and sometimes you just have to bluff πŸ€₯.

Binance also removed some spot trading pairs, because, you know, sometimes less is more πŸ™…β€β™‚οΈ. The likes of ACT/EUR, FIO/BTC, TNSR/FDUSD, and TST/FDUSD were axed, and most of the affected cryptocurrencies took a hit πŸ“‰.

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2025-07-22 14:43