The first Memecoins of Binance selected by Traders experiences great volatility depending on listing.
Earlier this month, Binance introduced a new “voting” campaign to select a small project for users to add to the world’s largest encryption exchange.
“We now invite users to participate and vote in the first voting to list the project according to the official post of the Binance Square official.
The first voting placement for the list is for BNB Smart Chain -based tokens. ”
Yesterday, Binance announced the winners of the first ‘Voting Rights’ campaign for Memecoins Mubarak (Mubarak), CZ’ S DOG (Brocolli714), Tutorial and Bananas31 for Bananas31.
Since I started live at Binance yesterday afternoon, four memo seals are now in various differentiation.
Mubarak is trading at $ 0.084 at the time of writing and decreased 40% on the day.
Dogs in CZ are currently worth $ 0.055, up 8% over the last 24 hours.
The banana in the scale is worth $ 0.005 for writing that decreased 18% over the same period.
The tutorials went up to $ 0.042 at the time of writing and collected 157%a day.
Memo -coin is not infamous. Last month, the US Securities and Exchange Commission (SEC) commissioner, Hospital, warned investors to expect protection when trading volatile asset classes.
“Because it’s outside and popular, it doesn’t mean that it is suitable for the jurisdiction of the SEC. So people warn you not to think that there will be a SEC regulatory backstop for everything.”
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