Memcoins Surge As Binance Launches New WOTD Game Featuring Meme Coins: Top Diversification Opportunities for 2024
Binance, one of the largest centralized exchanges (CEXs) is giving a lot of attention to meme coins with the launch of a new game called Word of the Day (WOTD), which specifically targets that niche of Web3. According to the platform, this educational, world-guessing game will let users expand their crypto vocabulary while remaining updated on the latest market trends.
In addition, the meme coin market cap has risen 4.2% following the announcement and is up to $67 billion. Now, traders are attempting to diversify their holdings with meme coins in order to ride out this bullish wave, and out of the many available, have begun to accumulate KangaMoon (KANG), dogwifhat (WIF), Pepe (PEPE), Shiba Inu (SHIB) and Floki (FLOKI). Today, we will go over the price performance of each one of these meme coins to see which one can climb the most.