The post Binance Expands Support For DOGE, SHIB, PEPE; Will These Meme Coins Rally? appeared on BitcoinEthereumNews.com.

Crypto exchange Binance has again echoed a frenzy across the broader sector on Friday, expanding trade offerings for some of the leading meme coins. Notably, the firm revealed that it will expand support for Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB) tokens, primarily enhancing trade offerings in the African region. As a result, crypto market participants are speculating whether the enhanced offerings could positively impact the prices ahead. Binance Expands Trade Offerings For DOGE, PEPE, & SHIB Igniting Optimism In an official announcement dated January 3, Binance revealed that its P2P division is expanding support for new trading pairs in selected fiat zones across Africa. Particularly, trading for DOGE, PEPE, and SHIB tokens is now enabled against certain African fiat currencies. These fiat currencies potentially include ETB, GHS, KES, RWF, TZS, UGX, XAF, XOF, and ZAR. The platform’s colossal user base remains poised to directly buy and sell these trading pairs using various local payment methods on the P2P division. Overall, the enhanced trade offerings pave the way for further money inflow into the top meme coins as it enhances their global market visibility. In turn, traders and investors remain optimistic about the coins’ future price movements, supported by sentiments of a bull cycle continuation in 2025. Meanwhile, the positive or expanded offerings from the leading crypto exchanges like Binance often boost the investors’ sentiment. Having said that, it appears that the cryptocurrencies are gearing up for a potential rally ahead with the extended offerings. How Are The Meme Coins Performing? In tandem with Binance’s announcement, DOGE price today witnessed gains worth 1% and traded at $0.3382. The coin’s 24-hour low and high were $0.3351 and $0.3442, respectively. Notably, the weekly chart for the token underscored gains worth 7%. Simultaneously, SHIB price witnessed gains worth 2.5% intraday and…

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Filed under: News - @ January 3, 2025 9:23 am