Mediaboss Marketing

The world of cryptocurrency is once again buzzing with excitement as the trend of meme coins Floki Inu continues to soar to new heights. Despite the inherent risks, many daring investors are willing to jump in for the tantalizing potential rewards.

Now, in a bold move, Binance the largest cryptocurrency exchange on the planet has thrown its hat into the meme coin ring by adding not one, but two of the hottest new tokens to its innovation zone: Pepe (PEPE) and Floki Inu (FLOKI). This has left many wondering if Big Eyes Coin (BIG) will be next.

Cat-themed sensation Big Eyes Coin (BIG) is on fire. This meme coin has posted some seriously impressive presale numbers that have left its competitors green with envy. With a whopping $35 million in sales, Big Eyes Coins presale has made history in the crypto world.

And the good news keeps on coming there are still just under thirty days left, and the presale is set to end with a bang. By offering an impressive 300% bonus on BIG tokens when using the promo code END300

Pepe Coin (PEPE) runs on Ethereums network and has taken the financial world by storm, all thanks to its origin story: the iconic Pepe, the Frog meme that rocked the internet in the early 2000s. Riding on the coattails of other meme currencies like Dogecoin and Shiba Inu, Pepe Coins native token, PEPE, boasts an in-built deflationary mechanism, keeping its token supply limited and preventing pesky price fluctuations.

Investors and traders cant seem to get enough of this cultural phenomenon, as Pepe Coin recently witnessed a jaw-dropping price surge that has caught the attention of the masses. Get ready to hop aboard the Pepe Coin train and join the wave of excitement around this meme-based currency.

Floki Inu has landed on the American branch of Binance, and its causing quite a commotion. Within just 24 hours of its listing, Floki saw a jaw-dropping 55% spike in value, leaving its market cap at a whopping $410 million a number not seen since February 2022.

With Big Eyes Coins irresistible offers and fantastic presale results, its no wonder this meme coin is the talk of the crypto town. Get ready to join the Big Eyes Coin hype train and dont miss out on this historic opportunity.

Presale: https://buy1.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice.Thecoinrepublic.comdoes not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post.Thecoinrepublic.comis and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.

See the original post:

Binance Listing Welcomes Floki Inu And PEPE: Could Big Eyes ... - The Coin Republic

When investing your hard-earned money into anything, its always important to have the reassurance that your money and assets are safe from danger, be it bad actors trying to take advantage of loopholes or faulty technology that could wipe things away in a second. With that in mind, well be taking a look at two of the biggest cryptos on the market, comparing the work theyve done to ensure their networks are secure. Also, how an exciting new meme coin, DogeMiyagi (MIYAGI), is also doing its part!

In one corner, we have Binance Coin (BNB), the mighty creation of the Binance exchange, the biggest crypto exchange in the world. In the other corner, we have Cardano, the brainchild of Ethereum Co-Founder Charles Hoskinson.

Both Binance Coin and Cardano have separate and yet, at the same time, similar approaches to developing a secure network. The Binance Smart Chain (BSC), a blockchain that combines the greatest aspects of speed and security, is the platform on which BNB runs. BSC utilises a proof-of-stake or PoS consensus mechanism, which enhances transaction speed and creates a strong security framework, all while reducing energy consumption.

Cardano, on the other hand, takes a different route to security supremacy. Its blockchain operates on a different kind of PoS known as Ouroboros. Only reliable members can validate transactions and secure the network thanks to this novel approach. It works like a complex voting system where only the most trustworthy people are allowed to vote, preventing any malicious individuals from causing trouble!

But does any of that help find out who claims the title of the most secure network? Both options make it too hard to choose a definitive one, honestly. Both Cardano and Binance Coin have shown a steadfast dedication to hardening their networks against potential threats. To protect user funds and data, they have constructed robust security infrastructures, utilising cutting-edge technologies and qualified people.

There is something much easier to come to a conclusion about, though! That is how DogeMiyagi factors into all of this!

This newcomer has clearly taken a lot of inspiration from the likes of Binance Coin and Cardano, which can be seen in the security precautions it has made before even launching, all with its future investors in mind. DogeMiyagi is an Ethereum-based meme coin that fuses the rock-solid reliability and widespread popularity of blockchain technology with the infectious charm of meme coins.

Say goodbye to the days when meme coins were dismissed as mere jokes, for DogeMiyagi is here to shatter expectations and redefine their value. Get ready to witness the birth of a stable and practical alternative that challenges the status quo. It remains immune to the chaotic waves of market volatility, so you can rest easy once youve bought in, knowing that your funds are safe from the rollercoaster ride of unpredictable price swings.

DogeMiyagi also embraces transparency with open arms, providing its community with a clear view of its operations and developments. No hidden agendas or shady manoeuvres here. Its like having a crystal-clear window into the inner workings of DogeMiyagi, where everything is laid out for everyone to see.

It seems that investors really believe this also, as DogeMiyagi is already driven by a passionate community of supporters. This vibrant community fuels the coins growth, spreading the word and standing shoulder to shoulder on this epic journey. Its like being part of a tight-knit family, where everyone has each others backs and shares the excitement of whats to come.

For More On DogeMiyagi:

Website: https://dogemiyagi.com/

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

Read more:

How Top Altcoins Binance Coin and Cardano Compare For Security ... - Cryptopolitan

May 12 (Reuters) - Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations.

Canada has tightened regulations for crypto asset trading platforms in recent months, with the introduction of a pre-registration process. The companies that do not adhere to the rules will face potential enforcement action, according to the website of the Ontario Securities Commission.

"Unfortunately, (the) new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time," crypto exchange Binance said in a tweet.

Binance said it does not agree with the latest guidance and hopes to engage with the Canadian regulators to create a comprehensive framework for crypto operations in the country.

"We are confident that we will someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets," said the crypto exchange, founded by Canadian national Changpeng Zhao.

The digital assets industry has been in the crosshairs of regulators around the world, especially since the collapse of Binance-rival FTX in November, which triggered a market rout in the prices of the biggest digital coins.

Following the onset of the crypto winter of 2022, which wiped out more than a trillion dollars from the industry's market value, lawmakers and securities regulators demanded tighter guidelines for disclosures on how the crypto companies operate and hold customer funds.

In March, Binance and its CEO Zhao were sued by the U.S. Commodity Futures Trading Commission for operating what the regulator alleged was an "illegal" exchange and a "sham" compliance program.

Reporting by Manya Saini in Bengaluru; Editing by Shinjini Ganguli

Our Standards: The Thomson Reuters Trust Principles.

Continue reading here:

Binance pulls out of Canada amid new crypto regulations - Reuters

(Bloomberg) -- Crypto exchanges Huobi and OKX benefited after rival Binance curbed a zero-fee promotion and shed market share in the spot trading of digital assets, according to data from research company Kaiko.

Most Read from Bloomberg

Binances share of spot-trading volumes fell to 51% by May 6 from 73% just before the popular promotion was mostly scrapped on March 22. Huobis hit 10% from 2% and OKXs 9% from 5%. South Korean platforms also saw their share increase, to almost 14% from a little under 8%, the Kaiko figures show.

The shakeup could pose another challenge for Binances founder Changpeng Zhao. His business faces intensifying regulatory heat, particularly in the US.

The US crackdown has led to users worrying about the safety of their funds and thats the reason they are diversifying into other centralized exchanges, said Cici Lu, founder of Venn Link Partners, a blockchain adviser.

Zhao has repeatedly taken to Twitter to say customer funds are safe. Trust in the digital-asset sector is low after last years crypto rout and FTXs blowup.

A Binance spokesperson said the drop in market share isnt as great as some of their modeling had projected, adding our primary objective right now is to mature our existing products and services and continue investing in our compliance processes to prepare for a new era of regulatory certainty.

While cryptoassets have made a partial recovery in 2023 from a $2 trillion rout, volumes and liquidity remain depressed after investors fled the sector.

Most Read from Bloomberg Businessweek

2023 Bloomberg L.P.

Read the original post:

Drop in Binance's Crypto Dominance Boosts Rival Exchanges Huobi and OKX - Yahoo Finance

Binance trading volumes and liquidity have been steadily declining in the first quarter of 2023 amid the spate of U.S. banking failures and after ending its zero-fee promotion.

The result?

Its led to even more chop for the price of Bitcoin, Kaiko analyst Dessislava Aubert told Decrypt.

Aubert said that "Overall, Bitcoin liquidity on Binance has more than halved relative to the start of February from around $45 million to $16 million in early May."

The primary reason for the decline in liquidity was the removal of Binances 10-month zero-fee promotion for 13 different BTC pairs, which also caused market makers to leave the platform.

Specifically, monthly trading volumes for the exchanges most-traded pair, BTC-USDT, volume fell from $16 billion in March to $2 billion in April, said the Kaiko analyst.

Aubert added that the drying liquidity has been more pronounced after the spate of banking failures earlier this year. The collapse of two key on-ramps for the industry in Silvergate and Silicon Valley Bank also hit specific firms, including Ripple, Circle, Yuga Labs, and many others.

Bitcoin market liquidity and trading volume on Binance. Source: Kaiko.

The 1% market depth, a measure of liquidity calculated using the bids and asks within 1% of the mid-price, on Binance declined significantly after the banking failures.

The result of reduced liquidity and volumes on Binance has been increased volatility.

Kaikos intraday volatility metric for the 10-minute interval surged considerably around the time liquidity began dropping on Binance.

Bitcoin intraday volatility at 10-minute intervals. Source: Kaiko.

Low-liquidity conditions mean thin order books on exchanges which provide room for wild price swings from large orders.

We have seen this with BTC's recent sudden price move which did not have a clear catalyst, said Aubert. Volatility is unlikely to go away especially after some larger market makers (Jane Street and Jump Crypto) revealed they were reducing down their crypto exposure.

Notably, Bitcoins price dropped this week despite favorable conditions such as a positive CPI report and market expectations largely inclined toward an interest rate cut in the future by the U.S. Federal Reserve.

A low-interest rate environment enables cheaper debt in the economy which fuels a rise in speculative assets like Bitcoin.

However, the asset failed to stage an uptrend likely due to poor liquidity.

More:

Bitcoin Liquidity on Binance Has More Than Halved Since February: Kaiko - Decrypt