Binance announced that they will list two popular memecoins. Gemini will most likely follow next after the Winklevoss brothers tweeted a frog emoji. Is memecoin season around the corner?

Hi everyone,

Binance just announced that they will list the popular memecoins PEPE and FLOKI. The listing date is at 2023-05-05 16:00 (UTC). It's really crazy that such a 'new' meme token like PEPE can make it so fast to Binance and has already a market cap of 1.14 Bn. FLOKI has now a market cap of 0.52 Bn!

Here is the announcement of Binance:

Binance announcement PEPE and FLOKI

Also the Winklevoss brothers tweeted a frog emoji which hints to a PEPE listing on Gemini too.

Here are the tweets from the Winklevoss brothers:

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Tweet @ Tyler hinting to PEPE

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Tweet @ cameron hinting to PEPE

The Binance news resulted in a big pump for both FLOKI and PEPE:

PEPE price chart on CMC

FLOKI price chart on CMC

This reminds me of the Doge mania that happened before the last bull run. Sometimes the overall crypto market benefits from these kind of actions because non crypto investors will begin searching about it since the media is full of these articles. I just hope that people will not FOMO too much in these because meme coins can also lose value very fast!

Questions:

- Do you guys think that memecoin season is around the corner?

- Will we also see a boost in the overall crypto industry?

- Is this a smart move from Binance?

Sources:

1. https://www.binance.com/en/feed/post/491803
2. Twitter @ tyler
3. Twitter @ cameron
4. https://coinmarketcap.com/currencies/pepe/
5. https://coinmarketcap.com/currencies/floki-inu/