Altcoin
Top Meme Coins To Buy Now After This Move By Binance
The world’s largest crypto exchange Binance on Friday expanded support for 3 meme coins to make trading more accessible and improve the trading experience for its users. Binance reduced the minimum order size of spot and margin trading pairs to encourage users to invest in Dogecoin (DOGE), BOME, and dogwifhat (WIF) meme coins. Are these top meme coins to buy right now?
Best Meme Coins To Invest In After Adjustment By Binance
In an official announcement on May 31, Binance said it would reduce the minimum order size of some DOGE, BOME, and WIF spot and margin trading pairs. The crypto exchange said the adjustments will make trading more accessible and improve trading experience for its users.
Binance has reduced the minimum order size from 5 to 1 for all following trading pairs, which users can trade from June 7. The trading pairs with reduced order size are DOGE/EUR, DOGE/FDUSD, DOGE/TUSD, DOGE/USDC, and DOGE/USDT.
Also, trading pairs for BOME and WIF are BOME/FDUSD, BOME/USDC, BOME/USDT, WIF/FDUSD, WIF/USDC, and WIF/USDT.
Notably, the adjustments will not affect spot trading, margin trading or other relevant functions. The minimum size order updates will not impact existing spot and margin order.
Also Read: Terra Classic Community Veto Burn Tax Proposal, Binance Charity Support
DOGE, WIF, BOME Price Performance
DOGE price fell 1% in the past 24 hours and jumped 22% in May, with the price currently trading at $0.159. The 24-hour low and high are $0.154 and $0.162, respectively. Furthermore, the trading volume has decreased by 33% in the last 24 hours, indicating a decline in interest among traders.
Meanwhile, WIF and BOME prices dropped over 2% and 1% in the past 24 hours. WIF price saw over 35% rally in a month, while BOME recorded more than 55% run in May.
Meme coins are set for further rally as the crypto market gains momentum after a recovery. Traders and analysts believe altcoins will have a massive altcoin season this cycle, giving investors a big return on investment.
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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.
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