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šŸš€ PEPE, BONK, PENGU Skyrocket After Binance Drops Bombshell Update

šŸš€ PEPE, BONK, PENGU Skyrocket After Binance Drops Bombshell Update

Published:
2025-07-21 20:40:41
18
2

Meme coins are back with a vengeance—and this time, Binance is fueling the fire. PEPE, BONK, and PENGU just ripped double-digit gains overnight after the exchange's latest move sent traders into a frenzy. Here's what's pumping these speculative assets to silly heights.

### Binance Flexes Its Market-Moving Muscle Again

No announcement moves crypto markets faster than a Binance listing... or even a whisper of one. The world's largest exchange just teased infrastructure upgrades that could pave the way for more meme coin madness—and degens are front-running the news like it's 2021.

### The Meme Coin Trifecta Defying Gravity

PEPE leads the pack with a 40% vertical climb, BONK chases at 35%, while dark horse PENGU surprises with a 60% moonshot. Retail traders are piling in, proving once again that fundamentals are optional when hype cycles kick in. (Who needs tokenomics when you've got frog memes?)

### The Cynic's Corner: Greater Fools Welcome

Let's be real—this isn't investment, it's musical chairs with leverage. But as long as centralized exchanges keep dangling shiny objects, the crypto casino will stay open for business. Just remember: what Binance giveth, it can taketh away faster than a margin call.

Key Insights

  • Binance exchange has announced it is removing the Seed Tags inscribed on PEPE, BONK, & PENGU.
  • PEPE, BONK, and PENGU coin rallied higher following Binance’s announcement.
  • Ethereum is leading the latest recovery in the altcoin market.

The prices of PEPE, BONK, and Pudgy Penguins (PENGU) recently soared to new highs following an update from Binance.

The exchange announced it WOULD remove the Seed Tag for PEPE, BONK, and PENGU coin starting from Monday, July 21, 2025.

The Binance Seed Tag Lifting and Overall Implication

In addition to the memecoins mentioned above, Binance also plans to remove Seed Tag for EIGEN and ETHFI.

Simply explained, the Seed Tag is a label for new, innovative projects that may exhibit higher volatility compared to other listed tokens. It warns users of potential risks before trading.

Seed Tag Update | Source: Binance

Seed Tag Update | Source: Binance

For users to trade tokens with Seed Tags on Binance, they must first pass quizzes that acknowledge the risks.

Thus, removing the Seed Tag from BONK, PEPE, and PENGU suggests that Binance thinks these projects have matured. It also demonstrates that the exchange trusts the future of these projects.

The recent changes from Binance have moved PEPE, BONK, and PENGU from high-risk experimental status to the standard listing category.

Binance typically conducts periodic reviews of projects with Seed Tags to determine whether to remove the risk labels.

The exchange’s criteria are based on team commitment, trading volume, liquidity, network safety, development activity, regulatory requirements, and community engagement.

Therefore, the latest announcement from Binance shows Bonk, Pepe, and Pudgy Penguins have made significant improvements in the areas above.

Price Reactions of PEPE, BONK, PENGU Coin

Notably, Binance’s removal of Seed Tags from PEPE, BONK, and PENGU signals bullishness for investors, a significant achievement for these tokens.

PEPE, BONK, and PENGU investors have wasted no time taking advantage of the Binance announcement.

Within the past 24 hours, these tokens have demonstrated a stellar performance in their respective price actions.

Specifically, the price of PEPE increased by 1.49% to $0.00001405. PEPE quickly climbed the ranks to become the 26th-biggest crypto with a market cap of $5.9 Billion.

The Pepe trading volume surged 79% to $1.82 Billion. Such a move indicates that investors are actively accumulating the token.

Before this latest rally, the Pepe Price had climbed over $0.000012 following a large whale purchase.

Regarding BONK, the price rallied by more than 3% to $0.00003492 over the previous day. The trading volume also spiked 70% to $973.6 Million as investors renewed their commitment to the memecoin.

Finally, PENGU rallied as high as 20% to $0.04 earlier today before dropping to $0.038. Market activity also soared, similar to PEPE and BONK.

Altcoin Rally in Spotlight

The price rally inĀ  PEPE, BONK, and PENGU comes in amid a broader rally in the altcoin market.

This rally is led by ethereum (ETH), which recorded a 25.3% weekly gain, and XRP, which climbed 19.5%.

Amid this rally, Arthur Hayes, the BitMEX co-founder predicted that ETH could hit $4,000 soon. Other analysts placed the ETH short-term goal at $8,000 and the long-term target at $80,000.

The altcoin market has shown signs of early strength with the CMC Altcoin Index climbing to 56. Ethereum’s potential break above $4,000 could trigger a significant surge across the altcoin market.

Altcoin Season Index | Source: CoinMarketCap

Altcoin Season Index | Source: CoinMarketCap

While ETH led the altcoin rally, other coins like Dogecoin (DOGE), Cardano (ADA), and Solana (SOL) also stole the show.

Over the past week, these digital assets have spiked 33.2%, 23.5%, and 14.8%, respectively.

Surprisingly, the price surge for SOL and Doge comes despite a recent $484 Million weekly token unlock.

Solana topped the list with 465,770 SOL in large daily linear unlocks. The dogecoin memecoin came fifth with token unlocks of 95.49 million DOGE.

Analysts expressed concerns that these unlocks would increase selling pressure, leading to declining crypto prices.

However, SOL and DOGE have proved that they can thrive amid turbulent waters.

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