Weekly project updates: Binance launches PEPE, SUI mainnet launch, XIRTAM rugpulles, etc
1. Memecoins’ weekly summary a. Memecoins are Fueling Uniswap’s User Growth link On May 5, related to the recent activity of Memecoins, Uniswap active users hit a high since May 2021. Ultrasound money data shows that the use of Uniswap-related contracts has burned more than 15,000 ETH in the past 7 days. Since its birth in the past few weeks, PEPE has completed more than 410,000 transactions on Uniswap, burning a total of about 5,300 ETH (about 10 million US dollars) in Gas fees. b. Binance to list FLOKI and PEPE on innovation zone link On May 5, Binance announced that it will list FLOKI (FLOKI) and Pepe (PEPE) on the innovation zone at 00:00 on May 6, and open spot trading pairs of FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, and PEPE/TUSD. Binance Futures also will launch the USDⓈ-M 1000PEPE perpetual contract at 2023–05–05 16:30 (UTC), with up to 20X leverage. Binance: Pepe is a meme coin based on a cartoon character “Pepe the Frog”. Please note that the token has no utility and it is created...