Binance 🌐, the leading cryptocurrency exchange 📈, has announced the listing of two Solana-based meme coins 🐿️, The AI Prophecy 🤖 (ACT) and Peanut the Squirrel 🐿️ (PNUT), for immediate trading 💹 for USDT 💵 on Monday, November 11, 2024 📅. The platform allows users to pre-deposit the coins for trading 💸, with withdrawals allowed starting November 12 📤.
Solana 🚀 is characterized by fast transactions ⚡ and low fees 💰, making it a suitable environment for meme coins 🪙. The listing of ACT and PNUT further diversifies Binance 🌟 its meme coin collection, following the recent listing of other coins, such as COW 🐄 and CETUS 🐳.
Binance also announced the implementation of the "seed" 🌱 label for the two new coins, as a precaution 🛡️ due to their experimental nature 🔬 and to protect them from the expected sharp market volatility 🔺.
Data from TradingView 📊 indicates a rise 📈 in the value of both coins after the listing announcement. This move 👣 strengthens Binance's presence in the meme coin market 💼, as it included many of these coins 💵 during 2024, a large percentage of which recorded a significant growth 📈 in value.
It is important for traders to exercise caution ⚠️ when dealing with these new meme coins, due to the high price volatility 🔄 expected.
