Revealed: July 25, 2024 at 5:55 am Up to date: July 25, 2024 at 5:55 am
Edited and fact-checked:
July 25, 2024 at 5:55 am
In Transient
AscendEX introduced plans to introduce Ethereum-based memecoin initiatives on its platform, particularly the Gold Normal and Playable Coin.
Cryptocurrency buying and selling platform AscendEX introduced plans to introduce Ethereum-based memecoin initiatives on its platform, particularly the Gold Normal (BAR) and Playable Coin (PC). Buying and selling for BAR-USDT and PC-USDT pairs is already out there, with withdrawals scheduled to start at 9:00 AM UTC on July twenty sixth. The Gold Normal has a complete token provide of 999,999 BAR, whereas the Playable Coin has a complete provide of 1 billion tokens.
The platform is devoted to evaluating and choosing high-quality memecoins for itemizing based mostly on on-chain information and undertaking background. Presently, its preliminary itemizing fee for memecoins is recorded at 80%.
AscendEX, beforehand often known as BitMax, is a worldwide cryptocurrency trade providing a spread of companies, together with spot, margin, and futures buying and selling, pockets companies, and staking assist for greater than 150 blockchain initiatives. Established in 2018, it caters to over 1 million retail and institutional shoppers worldwide, offering a extremely liquid buying and selling platform and safe custody options.
AscendEX Emerges As A Outstanding Memecoin Trade
In 2024, the memecoin ecosystem has seen notable development, with AscendEX itemizing a number of memecoins, a lot of which have carried out nicely post-listing. In line with the platform’s “2024 AscendEX Q1 Meme Rankings,” the most well-liked initiatives acknowledged by customers embrace ROOST, PIPI, LOOM, and STASH. These rankings are based mostly on components reminiscent of buying and selling quantity, person interplay, social media following, and token utilities.
Lately, the platform has added a number of new memecoins, together with DMAGA, MIGGLES, FIGHT, BILLY, and ROCKY. In line with AscendEX, after their listings, MIGGLES skilled a worth improve of 370.85%, FIGHT noticed an increase of over 660.82%, and DMAGA grew by greater than 166.66%. In the meantime, BILLY skilled a worth improve of over 641.48%, whereas ROCKY noticed an increase of 328.50%.
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About The Creator
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.