Binance, the world's largest cryptocurrency exchange, expanded its support for margin trading on Monday by adding three new USDC pairs. These new meme coin pairs, ACT I: AI Prophecy (ACT), Peanut the Squirrel (PNUT), and First Neiro On Ethereum (NEIRO), are now available for cross-margin and isolated-margin trading on the platform.
New trading pairs on Binance Margin include ACT, NEIRO, and PNUT.
According to Binance's official announcement on November 18, Binance leveraged the addition of three USDC trading pairs—ACT I: AI Prophecy (ACT), Peanut the Squirrel (PNUT), and First Neiro On Ethereum (NEIRO). These trading pairs are now available for both cross-margin trading and isolated-margin trading, providing users with more leverage options.
The new trading pairs include:
Full margin trading pairs: ACT/USDC, NEIRO/USDC, PNUT/USDC
Isolated margin trading pairs: ACT/USDC, NEIRO/USDC, PNUT/USDC
Previously, Binance listed ACT, NEIRO, and PNUT on the spot market on November 15. This move coincided with ACT's price rising by 100%, PNUT soaring 330% within a week, while NEIRO saw a slight decline of 12%. These newly added features are expected to attract more traders to Binance margin trading and spark interest in meme coin trading.
Will the prices of ACT, NEIRO, and PNUT explode amid the meme coin frenzy?
As top meme coins continue to dominate the cryptocurrency market, the addition of ACT, NEIRO, and PNUT tokens to Binance's margin trading platform could trigger significant price fluctuations. With the recent surge in popularity of meme coins, these tokens have caught the attention of both retail and institutional traders.
ACT is currently trading at $0.6326, having increased by 2% in the past 24 hours. The token's daily price range is between $0.6142 and $0.6909. In the past month, ACT has experienced an impressive 2,200% surge, making it one of the standout meme tokens. ACT's 24-hour trading volume is $372 million, proving to be a popular asset among traders seeking high volatility and potential short-term gains.
NEIRO's current trading price is $0.002117, having increased by 1.5% in the past 24 hours. The daily high and low prices range between $0.002042 and $0.002281. Over the past month, NEIRO has risen by 7.6%, showing a more stable growth trajectory compared to other meme tokens. NEIRO's 24-hour trading volume is $629 million, and although its growth rate is more moderate than other meme tokens, interest has remained steady.
Peanut the Squirrel's current transaction price is $1.67, having increased by 4% in the past 24 hours. Over the past month, the token has skyrocketed an astonishing 3,000%, demonstrating immense speculative interest. Its daily price fluctuates between $1.511 and $1.934, with a 24-hour trading volume of up to $1.63 billion. PNUT has attracted the attention of traders looking to profit from its extreme price volatility.
