BlockBeats News, December 3rd. Today’s Binance spot trading log update indicates that UTF-8 format encoding is expected to be gradually supported in the next two weeks. Earlier on the 29th, Binance spot testnet had made adjustments to support UTF-8 format-related changes. Note: UTF-8 format encoding means that it can support spot trading pairs with multiple languages or symbols, such as Chinese.
In addition, according to GMGN monitoring, possibly influenced by the market’s warming up, the BSC chain is seeing a resurgence. Several Chinese Memes have experienced varying degrees of increases, with the “Meme Penguin” market cap rising to over $10 million, including:
-“Binance Life”: Up 15% in the past 24 hours, with a market cap currently at $130 million and a current price of around $0.13.
-“Meme Penguin”: Up 60% in the past 24 hours, with a market cap currently at $12.2 million and a current price of around $0.012.
-“Success at the Speed of a Horse”: Up 47% in the past 24 hours, with a market cap currently at $4.24 million and a current price of around $0.004.
BlockBeats reminds users that Meme coin trading is highly volatile, largely driven by market sentiment and hype, with no real value or use case. Investors should be aware of the risks.
