A memecoin built on the Solana (SOL) blockchain has gained support from Binance, the world’s largest cryptocurrency exchange by trading volume.
In a new announcement, Binance announces the addition of monkey-themed PONKE (PONKE) futures on Monday.
Said Binance,
“To expand the list of trading choices offered on Binance Futures and improve users’ trading experience, Binance Futures will launch the PONKEUSDT perpetual contract on 04/11/2024 at 12:30 p.m. (UTC) with leverage up to 75x .”
PONKE is also listed on several crypto exchanges, including Bybit, Kraken, KuCoin, Crypto.com and Revolut.
Last month, the project announced the launch of a decentralized exchange (DEX) called PonkeSwap.
“Building on PONKE’s memecoin culture, PonkeSwap offers low-cost token swaps, staking rewards, and Club Ponke where holders can interact directly with other holders and the team. It is a platform where you can trade, earn and use your PONKE tokens.
PONKE started as a meme but evolved into a strong community on Solana. PonkeSwap extends this spirit to decentralized finance (DeFi), making it easier and more rewarding for PONKE holders to trade, stake, and engage with each other. PonkeSwap is not just a DEX; This is where our memecoin roots meet real utility and community rewards.
PONKE is trading at $0.4398 at the time of writing, up 4,641.4% from its all-time low of $0.00928 on January 3. With a market capitalization of $242.2 million, memecoin is the 243rd largest crypto project.
The memecoin was launched in 2023 with a total token supply of 555,555,555.
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