New Binance Listing Turbo (TURBO) Pumps 16% as This Layer 2 ICO Raises $13.5 Million

The crypto world is buzzing with excitement as Turbo, an AI-powered meme coin, sees a sharp rise in value after getting listed on Binance, showing the growing interest in the project.

Turbo’s recent rise highlights the meme coin craze in the market, with other meme coins also seeing big gains after being listed on Binance.

While Turbo shows promise, investors are also watching new opportunities like Pepe Unchained, a layer 2 meme coin. It’s generating excitement and is expected to grow fast once listed on major exchanges.

New coin listings to watch: Binance lists BabyDogeCoin, Neiro, and Turbo

On Monday morning, Binance announced the listing of three new meme coins, leading to a quick price surge. The exchange added BabyDogeCoin, Neiro, and Turbo to its platform.

These listings will be available for trading on September 16 at 10:00 UTC, with spot trading pairs for NEIRO/USDT, TURBO/USDT, and BABYDOGE/USDT. Users can already deposit these tokens, but withdrawals will start on September 17.

Binance will apply its “Seed Tag” to these tokens, signaling high volatility and risk. To trade them, users must complete quizzes every 90 days on Binance Spot or Margin platforms. This helps ensure that traders are aware of the risks and agree to Binance’s Terms of Use to keep trading access.

The Seed Tag is part of Binance’s precautions for tokens listed in its Innovation Zone, which focuses on newer and experimental projects. For example, Neiro, launched just last month, shows high volatility.

Turbo price analysis

In recent weeks, Turbo has been climbing steadily. The coin has risen 8% in the past month, 18.17% for the week, and surged 16% in a single day after the Binance listing announcement. At times, Turbo briefly hit a $300 million market cap, a level it hadn’t seen in weeks.

The crypto community has been closely watching its performance, expecting more growth. Currently, Turbo’s market cap is $290 million, and it trades at about $0.0045.

The Binance listing, driven by strong community support, is a major win for Turbo, with 92% of its supporters feeling confident about the token’s future. Binance’s tweet about the listing was a big moment for the Turbo community, proving their efforts were successful.

It showed that the community-driven movement behind Turbo had achieved something impressive. Turbo is known as a meme coin created by AI for the community, making it popular among crypto enthusiasts. While the idea may seem simple, Turbo’s fast growth and strong market presence highlight its potential.

Other exchanges like KuCoin and IntentX have also added Turbo, increasing its exposure. KuCoin’s listing further strengthens Turbo’s position on top cryptocurrency platforms.

IntentX’s announcement lets traders leverage Turbo up to 25x, providing more ways to engage with the token. However, caution is advised with leverage trading, as it carries significant risks.

Platforms like BitKan have added Turbo to their futures trading. To celebrate these listings, platforms are offering rewards, including $100 for new Turbo traders. BTX will also list Turbo, with a chance to win a share of $1,000.

While Turbo has reached a milestone with its Binance listing, those looking for bigger returns might explore newer projects.

Pepe Unchained (PEPU)

Pepe Unchained is the first Pepe-themed meme coin to create its own Ethereum Layer 2 blockchain. This development is significant due to the excitement surrounding Pepe and holds great potential.

The project’s presale has already raised over $13.5 million and continues to grow quickly, showing strong support from the community. The current presale price is $0.0097284, but it will increase over time, with the next price jump in minutes.

Pepe Unchained aims to tackle common Ethereum issues like slow transaction speeds and high gas fees. The team plans to launch their own Layer 2 network, called the Pepe Chain. According to their website, this Layer 2 solution could make Ethereum up to 100x faster and more efficient.

Pepe's blockchain is charging up!

Get ready as we prepare to unleash something big ⚡️🐸 pic.twitter.com/RKQIgbRmxV

— Pepe Unchained (@pepe_unchained) September 16, 2024

With Pepe Chain, transactions will be much quicker, and gas fees will be lower, allowing users to keep more of their profits. Importantly, Pepe Chain will work alongside Ethereum, not replace it, so users can still use their favorite decentralized apps while benefiting from faster speeds and lower costs.

This news is not just good for traders; developers will also benefit from a fast, low-cost solution that maintains security. If successful, Pepe Unchained could revolutionize the meme coin market with its new level of efficiency and utility.

Additionally, Pepe Unchained offers an attractive staking program. Early buyers can earn a notable 152% annual percentage yield (APY) through the “double staking” feature. This option allows investors to earn rewards while holding $PEPU tokens, encouraging long-term participation.

Currently, over 1 billion $PEPU tokens have been staked, showing strong early confidence in the project. This is particularly impressive since the token has not yet been listed on major decentralized exchanges (DEXs).

Analysts expect $PEPU’s value to rise significantly once it launches on these exchanges, making it one of the most anticipated listings of the year. To participate in the $PEPU token presale, go to pepeunchained.com.

Related

• Turbo Token Surges 9% Today as Whale Activity Boosts Pepe Unchained Presale to $12.5 Million
• Turbo Price Uptick Drives Positive Sentiment as $PEPU Presale Raises $12 Million with Whale Interest

The post New Binance Listing Turbo (TURBO) Pumps 16% as This Layer 2 ICO Raises $13.5 Million appeared first on ReadWrite.