PEPE Coin Disappoints Crypto Community
PEPE Coin has disappointed the crypto community after its lack of transparency and embezzlement-related issues. A distant cousin, PEPEFORK (PORK), has entered the market on promises of being different. It’s a distant cousin because PORK is a fork of the PEPE coin, which has the code of PEPE but came with new features.
Introducing PORK and Its Market Significance
PORK is a pink frog-themed meme coin that was launched recently in the market. It is being traded at $0.00000035 and has gained a market cap of $290 Million within a week of launch. Exchanges like Uniswap, Gate.io, and others have already listed PORK on their platforms.
Pauly0X created the PORK after the community’s harsh treatment of the PEPE team, as they got accused of lack of transparency, mismanagement, rug pulling, etc. Pauly0x ran multiple marketing campaigns, and with the promise of transparency, this coin reached its perfect audience.
Why PORK Remains Unlisted on Binance
Despite garnering the affection and interest of the cryptocurrency community, PORK remains unlisted on Binance. Binance’s approval for a coin matters while predicting the future of a coin.
How Altcoins Listing on Binance Works?
Binance CEO Changpeng Zhao revealed various factors Binance considered before listing a token. They seriously consider the number of users the most necessary criterion during listing. Binance also looks at the number of active addresses on the blockchain, code commits, and the audience of altcoin.
Challenges Faced by PORK in Getting Listed on Binance
PORK is in demand now, but its shortcomings might hinder it from getting listed on Binance. The altcoin has seen highs and lows too soon after launch. It reached a market cap of $290 Million impressively, but it also fell to $50 Million within a few days.
Conclusion
PORK has made a place in the hearts of meme crypto lovers but is prone to fall depending on trends. If it adds more people to its community while maintaining adequate traded volume, there’s a good chance of getting added to the Binance exchange.