Important Binance Announcement Affecting These Viral Meme Coins: Details

Important Binance Announcement Affecting These Viral Meme Coins: Details

TL;DR

The company made some amendments to its loan program.
It also launched certain perpetual contracts with up to 50x leverage and announced upcoming delistings of select spot trading pairs.

Additional Support for These Tokens
The world’s biggest crypto exchange announced on its official website that clients can now use Official Trump (TRUMP), Sonic (S), Peanut the Squirrel (PNUT), Virtuals Protocol (VIRTUAL), SSV Network (SSV), Defi App (HOME), and Resolv (RESOLV) as loanable assets on Binance Loans. 
Such tokens refer to cryptocurrencies that users can either borrow or use as collateral to borrow other assets. There are two subdivisions of that section: coins that all customers have access to and VIP Loan (designated for high-volume or institutional clients).
Despite the support, all newly added cryptocurrencies to that list remain in the red zone. RESOLV has suffered the biggest decline in the past 24 hours, with its price plunging by 13%. The popular meme coins TRUMP and PN

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