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Weekend Crypto News Recap: BTC, ETH, PEPE, METIS, ORDI

Below is a weekend market news recap on BTC, ETH, PEPE, METIS, ORDI.

$METIS and $ETH:

On July 9, the PolyNetwork exploiter sold 43.27K $METIS for 349.4 $ETH ($652K) on the Ethereum chain over the past 15 hours, causing a more than 10% drop in $METIS price. The exploiter still holds 62,818 $METIS ($961K) and may continue to sell more, potentially affecting the $METIS market.

$PEPE:

Also on July 9, a prominent crypto trader known as Dimethyltryptamine.eth made a substantial sale of 180 billion $PEPE for 149.4 $ETH, equivalent to $279K. This sale leaves 2.07 trillion $PEPE, worth approximately $3.24M, in circulation. The trader initially spent 0.125 $ETH ($251) to buy 5.9 trillion $PEPE and has since sold a total of 3.83 trillion $PEPE for 2,411 $ETH, netting around $4.5M.

$ETH and $BTC:

On July 8, a smart trader identified as 0xe28, who has a trading profit of $841K, started to long $ETH and $BTC. The trader’s positions in $ETH and $BTC could potentially influence the market prices of these cryptocurrencies.

Ordinals(#ORDI) and Bitcoin ($BTC):

On July 8, Dune Analytics data showed that the Bitcoin NFT protocol Ordinals has minted approximately 15.4 million inscriptions, generating a total fee income of 1813 BTC, worth about $54.975M.

Bitcoin ($BTC):

On July 7, Hong Kong-listed company Linekong Interactive Group (08267.HK) announced that it had purchased a total of 44.2812 Bitcoins on the open market for $590K and $650K respectively. This corporate investment in Bitcoin could potentially influence its market value.

$ANKR and Flare($FLR):

Also on July 7, Ankr announced that it would soon be adding the Flare blockchain to its RPC service. This development is expected to benefit developers looking to build scalable and data-connected dApps on top of Flare.

Bitcoin ($BTC):

On July 6, Matrixport’s report indicated that Bitcoin reached a one-year high on June 22, 2023, signaling the end of bear markets and the start of new crypto bull markets. This signal has been triggered four times, with bull markets occurring in 2013, 2017, and 2021. Based on previous signals, it is a 100% probability that by the end of 2024, Bitcoin will experience another massive bull market with a price target of $125,000 (+310%).

What is Pepe Coin?

Overview

Pepe Coin (PEPE) is a deflationary meme coin launched on the Ethereum blockchain. It was created as a tribute to the Pepe the Frog internet meme, which gained popularity in the early 2000s. The project aims to capitalize on the popularity of meme coins like Shiba Inu and Dogecoin, striving to establish itself as one of the top meme-based cryptocurrencies.

Key Features

No-Tax Policy: PEPE appeals to the cryptocurrency community by instituting a no-tax policy. PEPE ensures a cost-effective trading experience by not levying any transaction fees for buying or selling the token. This means that traders won’t incur any extra charges payable to the project when conducting transactions.

Redistributive System: A fraction of each transaction is allocated to current token holders, fostering user participation and promoting sustained investments. It rewards long-term stakers.

Burning Mechanism: A burning mechanism is implemented to maintain the scarcity of the PEPE coin.

Three-Stage Roadmap: Phase 1: Embrace the Meme; Phase 2: Cultivate the Vibe and Encourage HODLing; Phase 3: Achieve Meme Takeover.

Key Basic Data and Price History

Total Token Supply: 420,690,000,000,000 PEPE tokens.

Token Distribution: 93.1% of the tokens were allocated to the liquidity pool to ensure stable trading, LP (Liquidity Provider) tokens were burnt to create scarcity, and the contract is renounced, signifying a commitment to the project’s stability. The remaining 6.9% is reserved for CEX (Centralized Exchange) Listings to facilitate trading on major platforms.

Launch: Pepe Coin was quietly introduced in mid-April 2023.

Initial Price: It began trading at around $0.0000002823 on April 19, 2023.

All-Time High: The coin reached an all-time high of $0.00000439 on May 05, 2023, the first day it was traded on Binance.

All-Time Low: The lowest price was $0.000000055142, recorded on April 18, 2023.

Market Cap High: From late April to May 2023, the market cap soared to a high of around $1.6 billion, reflecting significant interest in the coin.

How to Buy Pepe Coin

If you’re wondering where to buy Pepe Coin, there are various channels available.

Centralized Exchanges: PEPE tokens can be traded on centralized crypto exchanges like Binance, Kucoin, and Kraken. These platforms offer a user-friendly way to purchase Pepe Coin.

Decentralized Exchanges: You can also buy Pepe Coin via Uniswap, a popular decentralized exchange. This option provides a more decentralized trading experience.

Crypto Wallet: To trade $PEPE, you’ll need a crypto wallet. For mobile Users, you need to first download MetaMask or another wallet of your choice from the App Store or Google Play Store for free. For desktop Users, download the Google Chrome extension for MetaMask or another wallet by visiting the respective website. Ensure you have ETH (Ethereum) in your wallet to switch to $PEPE. If you don’t have any ETH, you can purchase it directly on MetaMask, transfer it from another wallet, or buy it on another exchange and send it to your wallet.

Comparison with Dogecoin

Despite its initial success, Pepe Coin has yet to come close to dethroning or rivaling Dogecoin in any meaningful way. Replicating the success of Dogecoin is considered highly unlikely for Pepe or any new meme coin.

Future Price Predictions

Some may wonder if the Pepe Coin price will ever reach $1, or if it’s even possible for it to reach that milestone. To understand this, let’s consider the numbers:

Total Token Supply: Pepe Coin’s total token supply is 420,690,000,000,000. If each token were to reach $1, the total market capitalization would be $420.69 trillion.

Comparison with U.S. Stock Market: As of June 30th, 2023, the total market capitalization of the U.S. stock market is $46.2 trillion.

Given these figures, it becomes clear that Pepe Coin reaching a price of $1 per token would result in a market capitalization nearly ten times the entire U.S. stock market. Therefore, it is safe to conclude that, in any realistic scenario, it is impossible for Pepe Coin to reach a price of $1.

Conclusion

Pepe Coin represents a unique entry in the meme coin space, leveraging popular internet culture and innovative tokenomics. While it has seen significant growth and attention, its future trajectory remains uncertain, and potential investors should approach it with caution and conduct thorough independent research.

Breaking: Zachary Testa Identified as Pepe Coin Founder Following Price Crash

In tweets from just an hour ago, the crypto community was alerted to details surrounding Zachary Testa, known online as @degenharambe and @LordKekLol. The information, shared by NotLarvaLabs founder PAULY, has highlighted Testa’s association with the $pepe coin and his alleged disregard for ethical considerations.

Testa reportedly made a lavish purchase of an $865,000 purple Lamborghini using his earnings from the $pepe coin. This acquisition has drawn significant attention, especially since Matt Furie, the original creator of Pepe the Frog, did not receive any financial benefits from the coin’s success.

Further insights revealed that Testa’s team had connections with the listings teams of major cryptocurrency exchanges, Binance and SushiSwap. This association subsequently led to the $pepe coin being listed on Binance.

Adding to the controversy, Testa, who also pursues landscape photography, has allegedly violated laws in various wilderness areas. These violations include trespassing on sacred indigenous lands and regions with established drone bans.

For those delving deeper into the matter, Testa’s personal website, ztesta.com, provides more information. However, his Instagram account, @zachtesta, has recently been set to private. Other online aliases associated with Testa include Twitter handles @ztesties, which is verified, and @gayretardbitch, which remains unverified but is suspected to be linked to him. Born in 1997, Testa completed his marketing degree from Arizona State University in 2018.

Several of Testa’s cryptocurrency wallet addresses have also been disclosed, offering another avenue for verification and research.

0x8d2a5bdfc692ad912af77016fc75b49856c369f1
0xea40b0f6BA2aD77fF2FedAe98Ca67EaefCBCBE4A (badussy.eth)
0x9c46a675350ce1f7ca616bf4fb4e0a542295e302
0x40962b448aa899196906646340cb4eb61a8d49b4

Prior to the revelations, the $pepe coin saw a significant drop of approximately 20% in its value. From a high of $0.00000111 the previous day, it plummeted to a low of $0.0000008787.

This decline is speculated to be a result of alterations in the coin’s multi-signature wallet thresholds. The criteria changed from requiring approvals from 5 of the 8 associated wallets to only 2.

Additionally, an astounding 16 trillion $pepe coins, valued at roughly $15.5 million, were transferred from this multi-signature wallet to addresses linked with major exchanges such as Binance, OKX, and Bybit.

As the crypto world grapples with these revelations, the event may underscore the importance of transparency and accountability in the ever-evolving crypto world.

Pepe Coin Official Telegram Hacked

According to an official statement on Pepe coin’s Twitter account, the coin’s Telegram group encountered a major security breach. The group’s owner’s old account was compromised, leading to the group’s takeover. As a result, the group has been locked down, with efforts underway to regain access or potentially establish a new communication platform.

Meanwhile, all official communications for $PEPE have been channeled through the @pepecoineth Twitter account. The community has been urged to remain vigilant, especially concerning potential scams, including those involving airdrops, staking, mints, and claims.

However, the hacking announcement was met with skepticism from some quarters. A Twitter user, Rikka (@bimmy_5), raised questions about the simultaneous hacking of the Telegram, Discord, and Twitter accounts associated with $PEPE. Rikka’s tweet alluded to a potential internal betrayal, suggesting that certain individuals might have cashed out an estimated $16M.

Another Twitter user, FireMooN (@Fatboy316931), issued a cautionary note to $Pepe holders. He warned that if there’s a hack, someone might be attempting to flee the scene. He also made a promotional pitch for $mong, suggesting it as an alternative for those looking to safeguard their investments.

Before the community could fully digest the hacking news, another revelation emerged from Pepe’s official Twitter. On August 24th, 2023, Pepe disclosed a series of unexpected transactions. Approximately 16 trillion $PEPE tokens, equivalent to about $15m USD, were transferred from the $PEPE multisig CEX Wallet to various prominent crypto exchanges. This move was unanticipated and raised a series of concerns within the community. The multisig wallet, initially set up to require 3 out of 4 signers for approval, saw three ex-team members allegedly transfer 60% of the tokens to exchanges for sale. These individuals then reportedly removed themselves from the multisig, leaving a message indicating a change in control. Pepe expressed shock at these actions and apologized to the community for the fear, uncertainty, and potential losses caused by these transactions.

Before Pepe Coin official announcement, Zachary Testa, known online as @degenharambe and @LordKekLol, has been identified as being associated with the $PEPE coin. Testa reportedly purchased an $865,000 purple Lamborghini using his earnings from the coin. This purchase has garnered attention, especially since Matt Furie, the original creator of Pepe the Frog, did not benefit financially from the coin’s success. Testa’s team allegedly had connections with major cryptocurrency exchanges, leading to the coin’s listing on platforms like Binance.

The unfolding events surrounding the $PEPE coin highlight the challenges and vulnerabilities in the cryptocurrency domain. While it offers vast opportunities, it’s not devoid of risks. Security breaches, potential internal betrayals, and unforeseen transactions can quickly erode trust.

For stakeholders and investors in the $PEPE coin, the current situation underscores the importance of staying informed through official channels. It also emphasizes the need for due diligence, security, and transparency in all crypto dealings. As the situation continues to evolve, the crypto world will be keenly watching how the $PEPE coin community navigates these challenges and the steps it takes to restore trust and confidence.

Not Larva Labs Founder Pauly: Pepe Coin Announcement is 100% Bullshit

The cryptocurrency community is in a stir following a recent announcement from the official $PEPE coin account detailing unexpected transactions. On August 24th, 2023, approximately 16 trillion $PEPE tokens, valued at around $15m USD, were transferred from the $PEPE multisig CEX Wallet to various crypto exchanges. The required signer count was also altered. The announcement delved into internal conflicts within the $PEPE team, pointing fingers at bad actors and greed.

However, the announcement was met with skepticism. Not Larva Labs Founder Pauly (@Pauly0x) responded sharply, stating, “This little fuck @degenharambe just implicated himself in major financial crimes. He is in deep shit now.”

Another user, CryptoNoddy (@Crypto_Noddy), highlighted potential inaccuracies in the official statement, pointing out, “In my opinion, there are several misleading/incorrect statements made here. Firstly, there is not one signer remaining. The multisig remains a 2/8, having been decreased from 5/8. No signers have been removed. It has not been updated other than the threshold changing to 2.”

The official $PEPE statement painted a picture of a coin marred by internal strife since its inception. It alleged that a majority of the team began distancing themselves shortly after the project’s launch, obstructing progress due to disagreements. The multi-sig, initially requiring 3 out of 4 signers for approval, saw three ex-team members allegedly transfer 60% of the tokens to exchanges for sale, subsequently distancing themselves from the project.

The announcement expressed shock at these actions and extended an apology to the community for the ensuing fear, uncertainty, and potential losses. It emphasized that the CEX-wallet tokens were never intended for sale on the market. The announcement also assured the community of the safety of the remaining 10 trillion tokens.

In response to the events, plans were shared to transfer the remaining tokens to a new wallet, with intentions to burn any residual tokens after potential purchases or donations. The aim is to position $PEPE as a decentralized meme-coin asset.

Following the official announcement by Pepe coin, the cryptocurrency experienced a short-term surge of over 10%. However, shortly after this spike, $PEPE witnessed a pullback in its value.

After Pepe explained the circumstances surrounding the Pepe token transfer, the official Twitter account announced that its Telegram account had been hacked.

While the official statement seeks to provide clarity, reactions from community members like Pauly and CryptoNoddy underscore the challenges and trust issues in the cryptocurrency domain. As events continue to unfold, the crypto community will be keenly observing the next steps for $PEPE and its team.

One Pepe Coin Whale Liquidates Holdings as Another Opens $PEPE Ethereum Pool

Whale 0x9da’s Significant Swap

In a notable transaction today, an early crypto buyer identified as 0x9da executed a significant swap of 452.911B $PEPE tokens for 194.31 Ethereum ($ETH) at a rate of $0.0000006961 per $PEPE, amounting to a total of $315K, according to SpotOnChain.

This move comes after the whale’s initial accumulation of the $PEPE tokens from the Huobi exchange at an average rate of $0.0000002198, costing them approximately $99.55K on April 27, 2023. The recent swap resulted in an estimated profit of $216K, marking a 216% increase.

Source: Etherscan

Transaction details for the 0x9da swap are as follows:

Transaction ID (txid): 0xe69688c740916a67a417f33039d943aba1979245d758ce93b15e347ce46994ec

Address: 0x9dae76f6683d0d5a11c0ab4fb57d699ad4d78079

Whale 0x3ae’s Liquidity Pool Creation

Just an few hours before the aforementioned transaction, another crypto whale, 0x3ae, established a liquidity pool. This involved a massive 5.71T $PEPE tokens, equivalent to $4.13M, and 508 Ethereum ($ETH).

Details of the 0x3ae liquidity pool creation are:

Transaction ID (txid): 0x603c844db097ba7e63c4f8027b2b9a99e894a2fe0a3dc493af10767e22dcdf23

Address: 0x3aea201a16969012955071296eC207a351EAdC9f

At the present ETH valuation, the Pepe coin stands at $0.0000007231. The exchange rate for PEPE to ETH is set at 11,240,157,480 $PEPE for every $ETH. Should Bitcoin’s decline halt, the current Pepe price might offer profitability. However, if both BTC and ETH were to depreciate in the future, it would be strategic to go long on PEPE while simultaneously shorting ETH.

Pepe Coin Hits Lowest Price Today Since Binance Listing

Today, Pepe Coin (PEPE), inspired by the iconic Pepe the Frog meme, as reported by Blockchain.News, has hit its lowest price since its Binance introduction on May 5, 2023. After soaring to a high of $0.00000439, PEPE’s value plummeted to $0.00000082 by June 15, mirroring Bitcoin’s decline to $24,800. Today, the coin’s trajectory took a steeper dive, registering an 8% decrease, punctuated by a startling 10% drop within just a minute.

This decline isn’t isolated. The crypto market is on shaky ground, with looming predictions of Bitcoin potentially nosediving to $20,000. Adding to the market’s jitters are unsettling events like the compromise of Ethereum Founder, Vitalik Buterin’s Twitter, and security breaches on PePe X’s social platforms. Given that many altcoins, including Pepe Coin, are built on the Ethereum blockchain, such incidents have a cascading effect.

Further muddying the waters are past allegations tied to Pepe Coin, from potential scams to insider trading. The unveiling of its previously anonymous founder, linked with a criminal past, has undoubtedly shaken investor trust. Amidst this tumult, the crypto community watches closely, as PEPE’s future in this volatile market hangs in the balance.

Disclaimer & Copyright Notice: The content of this article is for informational purposes only and is not intended as financial advice. Always consult with a professional before making any financial decisions. This material is the exclusive property of Blockchain.News. Unauthorized use, duplication, or distribution without express permission is prohibited. Proper credit and direction to the original content are required for any permitted use.

Three Wallets Sell $1 million Worth of PePe Coin for Pond Coin

In a notable transactional shift within the cryptocurrency market, three distinct wallets have reportedly altered their positions from $PEPE to $PNDC (Pond Coin). According to data sourced from Lookonchain, a total of 1.38 trillion $PEPE was sold in exchange for 600 Ethereum ($965K). Subsequently, the same amount of Ethereum was utilized to purchase 487 billion $PNDC.

The specific wallet addresses involved in this transaction are as follows:

0xbe2bf6bf8ef02990dcd93e1f304173934de68142

0xfd0fbb1e323fe706a9b0e7d2293b5782d3b370d9

0x69beca7765616e037b004c6c27605ff988a754a3

Source: Etherscan

The reasons behind this significant shift remain undisclosed. However, such substantial movements often indicate a change in investor sentiment or strategic positioning within the crypto landscape.

The news, shared at 9:31 am today, has already garnered significant attention online, with 8,850 views, 12 reposts, 14 quotes, 61 likes, and 2 bookmarks.

It’s essential for investors and market watchers to remain informed and conduct their own research before making any investment decisions.

Pepe Coin Faces Market Turbulence Amid Whale Activities and Declining Prices

Yesterday, the cryptocurrency market witnessed significant activities around Pepe Coin ($PEPE) as well. A crypto whale, known as 0x9da, as reported by Blockchain.News, liquidated 452.911B $PEPE tokens for 194.31 Ethereum ($ETH), realizing a 216% profit from their initial purchase in April 2023.

Almost concurrently, another whale, 0x3ae, initiated a liquidity pool involving a staggering 5.71T $PEPE tokens and 508 Ethereum. These major transactions occurred as Pepe Coin experienced a sharp decline in value, hitting its lowest since its Binance listing in May 2023.

The Pepe coin landscape is further destabilized by security breaches, including the compromise of Ethereum Founder, Vitalik Buterin’s Twitter. Allegations of scams and insider trading related to Pepe Coin, coupled with the revelation of its founder’s controversial past, have intensified market uncertainties. As the crypto community remains on high alert, the future trajectory of $PEPE in this volatile environment remains uncertain.

About Pepe Coin

Pepe Coin ($PEPE) is a cryptocurrency inspired by the iconic “Pepe the Frog” meme. Since its introduction on Binance in May 2023, the coin has experienced significant volatility. While it once soared to impressive highs, recent market activities have seen its value plummet, mirroring broader crypto market trends. Allegations of scams, insider trading, and revelations about its previously anonymous founder’s controversial past have added to the coin’s unpredictability. Amidst these challenges, major transactions by crypto whales and the coin’s ties to the Ethereum blockchain make its future trajectory a focal point of interest in the crypto community.

Pepe Coin Shows Bullish Indicators After an 80% Decline

Pepe coin is displaying potential signs of resurgence, after a tumultuous period characterized by an over 80% drop in value and scandals involving insider trading and scams linked to its founder. Technical indicators across different time frames hint at a possible bullish momentum for the cryptocurrency.

Technical Analysis: Both RSI and MACD Indicate Bullish Momentum

Daily Time FrameOn the daily chart, both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are displaying bullish divergence. Such patterns typically indicate a potential reversal in price trends.

RSI Divergence, Source: Binance

A bullish RSI divergence occurs when the price of an asset makes a new low, but the Relative Strength Index (RSI) creates a higher low. This discrepancy suggests weakening downward momentum and a potential upcoming price reversal to the upside. Traders often view this pattern as a sign that the current downtrend may be losing steam, and a bullish trend could be on the horizon.

MACD Divergence, Source: Binance

1-Hour Time Frame: Similar bullish divergence patterns are also evident on the 1-hour chart, reinforcing the sentiment suggested by the daily indicators.

RSI Implications: The RSI, a momentum oscillator, is particularly noteworthy. When there’s a bullish divergence on the daily time frame, it often signifies a strong requirement for a bounce, which may not be short-lived. This could mean that Pepe coin might see a more sustained recovery in the coming days or weeks.

Pepe Coin Remains Within a Descending Channel

But please note that the Pepe coin’s price trajectory continues to be characterized by a descending channel, signaling a consistent downward trend over a period. Investors and traders should approach this with a degree of caution, as such patterns often indicate sustained bearish momentum. To shift this narrative and indicate a potential bullish turnaround, the price would need to achieve a significant milestone: breaking above the descending channel.

Descending Channel, Source: Binance

More importantly, after surpassing this boundary, it’s crucial for the coin to maintain its position and firmly establish itself above the upper boundary of the channel. This would provide a stronger confirmation of a trend reversal, offering a more optimistic outlook for the cryptocurrency’s future performance.

While current market indicators suggest an anticipated bounce in the Pepe coin’s value, it’s essential for investors to tread with caution. As the price inches closer to the upper boundary of its descending channel, historical data and technical patterns indicate this as a potential resistance zone. In such scenarios, the upper bound often acts as a ceiling, making it challenging for the asset to break through. Given this, for investors aiming to maximize returns and minimize potential downturns, it might be a strategic move to consider selling or reducing their holdings as the price approaches this critical threshold.

A crucial caveat to consider is that if Bitcoin experiences a downturn, most other coins, including Pepe, are likely to follow suit. Pepe’s potential bounce is also closely tied to Bitcoin’s future price trajectory. Furthermore, while the presence of bullish divergence is promising, there are instances where a double bullish divergence is required to reinforce a bounce, especially for coins that have witnessed significant declines.

Early Investor Turns $3,000 into $32.8M with $PEPE Token

In an inspiring twist of fate for cryptocurrency investors, Lookonchain, a blockchain analytics platform, has reported a staggering success story of an early investor in the $PEPE token. This individual’s initial investment of $3,000 has skyrocketed to an estimated value of $35.5 million, highlighting the extreme profit potential within the volatile crypto market.

The investor purchased 4.9 trillion $PEPE tokens early on, at a time when the market was relatively unaware of its potential. His strategic moves and diamond hands have paid off as he sold 760 billion tokens for $2 million and still holds 4.15 trillion tokens worth approximately $30.8 million. This places him as the 13th largest holder of $PEPE.

A Windfall Gain

The total profit from the $PEPE investment is around $32.8 million, reflecting an extraordinary gain of 11,077 times the initial investment. Such returns are uncommon but not unheard of in the cryptocurrency world, where market dynamics can shift rapidly, often driven by technological advancements, investor sentiment, and market adoption.

Market Sentiment and Performance

The current sentiment around $PEPE is buzzing, as indicated by a recent tweet from Quicktick, a crypto analytics service. They noted that $PEPE is currently valued at $0.000007, experiencing a 37.09% increase over 24 hours and a 394.63% surge over seven days. The trading volume for $PEPE stands at $3.29 billion over the last 24 hours, and its market ranking is 40. When compared to Bitcoin, $PEPE has increased by 31.84% in the last 24 hours.

The Larger Picture

This investor’s story exemplifies the transformative impact blockchain technology and cryptocurrency can have on individual wealth. It also underscores the importance of market research, timing, and the potential benefits of early adoption in the crypto space.

However, it is vital for investors to approach such markets with caution, as the risk of loss is as significant as the potential for gain. The volatile nature of cryptocurrencies means that while some see windfall profits, others may face substantial losses.

Binance to Launch New Trading Pairs Including DOGE, SHIB, PEPE, THETA, and AGIX

Binance, the world’s leading cryptocurrency exchange, has announced plans to expand its spot trading offerings and enhance its trading bot services starting from March 7, 2024. The exchange will open trading for six new spot trading pairs, including AGIX/FDUSD, AR/TRY, DOGE/USDC, PEPE/USDC, SHIB/USDC, and THETA/FDUSD.

In addition to the new trading pairs, Binance will also enable Trading Bots services for several trading pairs, including AXL/USDT, DOGE/FDUSD, and PORTAL/USDT for Spot Grid, Spot DCA, and Rebalancing Bot. Spot Algo Orders will be available for AGIX/FDUSD, AR/TRY, DOGE/USDC, PEPE/USDC, SHIB/USDC, and THETA/FDUSD trading pairs.

The introduction of these new trading pairs and the expansion of trading bot services aim to provide users with a wider range of trading choices and enhance their overall trading experience on the Binance Spot platform. The exchange continues to innovate and adapt to the ever-evolving cryptocurrency market, catering to the diverse needs of its global user base.

Binance has also announced that users will enjoy zero maker fees on FDUSD trading pairs until further notice, incentivizing traders to explore and engage with these new offerings. The exchange reminds users that TRY is a fiat currency and does not represent any other digital currencies.

As with all cryptocurrency trading, Binance emphasizes the importance of understanding the risks involved. Digital asset prices are subject to high market risk and price volatility, and the value of investments may fluctuate significantly. The exchange encourages users to carefully consider their investment experience, financial situation, investment objectives, and risk tolerance before making any investment decisions.

Binance remains committed to providing its users with a secure, reliable, and feature-rich trading environment. The introduction of new trading pairs and the expansion of trading bot services demonstrate the exchange’s dedication to meeting the evolving needs of its global community of traders and investors.