Binance extends support for PEPE and SUI with new isolated margin pairs ByAli RazaPRO INVESTOR Updated: 16 May 2023 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The world’s largest cryptocurrency exchange by trading volumes, Binance, is expanding its support for SUI, the native token for the Sui Network, and the PEPE meme coin. Binance has also unveiled new isolated margin pairs for the PEPE and SUI tokens. It has also integrated UMA as the new borrowable asset for Cross Margin. Binance integrates PEPE and SUI The prices of the PEPE and SUI tokens made significant gains after they were listed on the Binance exchange. Other top crypto exchanges followed suit, and they also listed the two tokens, which increased the likelihood, and triggered further gains. Binance has listed several meme coins on the platform. Binance released an official announcement on this development on May 15. The exchange integrated the UMA/USDT cross-margin trading pair on the exchange. It also added new Isolated Margin pairs for PEPE and SUI tokens. These margin pairs are PEPE/TUSD and SUI/TUSD. Binance added PEPE to its innovation zone earlier this month, with the addition coming shortly after the meme coin witnessed a remarkable price gain. Binance also added FLOKI to the innovation zone earlier this month. On May 9, the Binance exchange said that it would have PEPE and FLOKI as borrowable assets on Cross Margin. The addition allowed users to trade both PEPE and FLOKI through cross-margin trading. The exchange also added the two meme coins as loanable assets under the Binance Flexible Loan product. The exchange giant has also announced the addition of SUI, FLOKI, and PEPE to Binance Convert. The addition is aimed at allowing users to trade against some of the largest cryptocurrencies, such as Bitcoin and the USDT stablecoin. Traders can also use any other supported cryptocurrencies, with Binance charging zero fees for these transactions. Meme coins rally Binance is showing significant interest in meme coins amid a meme coin frenzy that has been reported in recent weeks. The PEPE meme coin rallied to among the top 100 largest cryptocurrencies in the market by market cap a few weeks after launch. The rally saw some investors that entered at the right time making significant gains. Elon Musk has also been instrumental in triggering gains for the meme coin community, as seen in the latest performance of the Milady meme coin. The coin has pumped by more than 10,000% over the past week as more traders rush in to make significant returns However, as expected, the rally has now cooled off, and the prices are now correcting. PEPE has dropped by 61% since creating an all-time high earlier this month. At the time of writing, the token was trading at $0.00000169, according to CoinGecko, after a 3.5% drop in the last 24 hours. Some analysts have already predicted that more dips could be on the way. Request 01 – $PEPE This one is making a bear market relief rally, I would say. Needs to hold above 173000, then we could see continuation towards 240000. If 173000 is lost, then I'm looking at playing a short and trying to catch a long at 85000. pic.twitter.com/1Lq0AQ8mTC — Michaël van de Poppe (@CryptoMichNL) May 14, 2023 In the last 24 hours, SUI has plunged by 2.1%, and it was trading at $1.20 at the time of writing. However, the token has been up by 7.9% over the last 24 hours. The price trend shown by the two tokens shows traders are yet to react to the latest additions by Binance. Related Pepe Coin (PEPE) Price Prediction Where to Buy Pepe Token – Best Crypto Exchanges Listing PEPE Price Analysis Today, Will Memes Rebound? Wall Street Memes - Next Big Crypto Rating Early Access Presale Live Now Established Community of Stocks & Crypto Traders Featured on BeInCrypto, Bitcoinist, Yahoo Finance Rated Best Crypto to Buy Now In Meme Coin Sector Team Behind OpenSea NFT Collection - Wall St Bulls Tweets Replied to by Elon Musk Learn More Join Our Telegram channel to stay up to date on breaking news coverage