Binance, the world’s largest crypto exchange, has announced the addition of seven new liquidity pools, including the highly anticipated SHIB/DOGE pool, to its Liquid Swap platform.
By adding more exposure and liquidity to meme cryptocurrencies like Shiba Inu and Dogecoin, the new liquidity pools on Binance Liquid Swap could attract more investors and traders to these assets.
Also, Big Eyes Coin (BIG) is about to end its presale on June 3rd after raising over $34 million. What can you expect?
Binance Liquid Swap Provides More Exposure To Meme Cryptocurrencies
The creation of the SHIB/DOGE liquidity pool is seen as a positive development for the market performance of Shiba Inu and other meme cryptocurrencies.
As trading volume remains low and descending, any signs of increased interest in these assets will be closely watched by the market. The expansion of Binance Liquid Swap further highlights the growing popularity of meme cryptocurrencies and the possibility for additional growth.
The other six liquidity pools that were added to the Binance swap include BEL/USDT, BTC/TUSD, ID/BTC, ID/USDT, SYN/USDT and TUSD/USDT.
However, it is crucial for investors to understand the risks associated with adding funds to a liquidity pool, including potential differences in the number of digital assets redeemed and transaction fees incurred.
A Refresher Course On SHIB And DOGE
Dogecoin is a cryptocurrency that started as a joke in 2013 but has since grown to become a popular digital asset. It has gained widespread attention in recent times, with endorsements from high-profile individuals like Elon Musk. This has led to a surge in its price, making it one of the most valuable cryptocurrencies on the market.
Shiba Inu, on the other hand, is a relatively new cryptocurrency that also gained popularity due to its association with Dogecoin. It is an ERC-20 token on the Ethereum blockchain that is often referred to as a meme coin due to its cute dog mascot, which is similar to Dogecoin’s Shiba Inu dog.
Both Dogecoin and Shiba Inu are meme cryptocurrencies that have attracted a significant following from the crypto community. With the recent addition of the SHIB/DOGE liquidity pool on Binance Liquid Swap, it is expected that these two meme coins will see increased liquidity and potentially attract more investors.
Big Eyes Coin Presale Ends Soon, With Solid Foundation And Charitable Focus
Come June 3rd, BIG will put a stop to its presale. The coin’s team is positioning it for success in the volatile crypto market by establishing a solid foundation, dedicating 5% of the overall supply to charitable donations, and offering a 300% extra tokens bonus to those who buy now using the code END300.
The coin is also running a competition that expires on April 30th, where people stand a chance to win $200k worth of BIG tokens by buying a minimum of $200 worth of BIG and applying the 300% bonus code.
Final Thoughts
The addition of new liquidity pools on Binance Liquid Swap, including the SHIB/DOGE pool, is expected to attract more investors and traders to meme cryptocurrencies like Shiba Inu and Dogecoin.
Meanwhile, Big Eyes Coin is about to end its presale and is positioning itself for success in the volatile crypto market by establishing a solid foundation, dedicating a portion of its supply to charitable donations, and offering attractive bonuses to investors.
Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
