Breaking: Binance’s Key Announcement For WIF, BONK, FLOKI, NOT, ZK And 6 Other Crypto
On Tuesday, the blockchain industry’s largest crypto exchange Binance unveiled its plans to add new FDUSD, USDC, and USDT trading pairs on cross margin and isolated margin. Binance will list several crypto including SATS (1000SATS), dogwifhat (WIF), Notcoin (NOT), Bonk (BONK), zkSync (ZK), and Floki (FLOKI).Binance has announced a major move regarding NOT, WIF, BONK, ZK, and 7 other crypto sparking speculation amid the community. Will the FDUSD listing pairs for these bring a recovery in these cryptos?Binance Announces Major Crypto ListingsCrypto exchange Binance in an official announcement on June 18 listed new FDUSD, USDC, and USDT cross and isolated margin trading pairs. Users can start trading crypto such as dogwifhat, Notcoin, Bonk, zkSync, and Floki from today itself. 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.Also, the new isolated margin trading 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-fee trading fees on FDUSD pairs as per users’ levels such as VIP. “Binance Margin strives to enhance user trading experience by continuously reviewing and expanding the list of trading choices offered on the platform, allowing for greater diversification of user portfolios and flexibility with trading strategies, as per the statement by Binance.Also Read: Top US SEC Executive Quits After 9 Years Of ServiceWill WIF, BONK, FLOKI, and ZK Rally?ZK price has tumbled over 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 faced backlash from the crypto community due to limited airdrops of ZK token. Meme coins WIF, BONK, and FLOKI have also dropped more than 10% amid broader crypto market selloff. Solana-based meme coins BONK and WIF prices are trading at $0.0000212 and $2.10, down 11% and 14%, respectively. Whereas, FLOKI price fell 11%, with the price currently trading at $0.0001688.The downturn in altcoins is likely due to South Korea’s review of 600 crypto listings on domestic crypto exchanges ahead of the Act on the Protection of Virtual Asset Users taking effect in July.Also Read:Shiba Inu Burn Rate Jumps 12842%, Will SHIB Price Recover From Crash? Ethena Labs Revamps ENA Tokenomics, Introduces Forced Vesting Peter Schiff Reveals How Hedge Funds Bet On MSTR Can Crash Bitcoin Varinder Singh Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as "Best Crypto Media Company 2024" for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.