The memecoin thirst is real! Soon after Binance listed the trending memecoins Floki & PePe Coin on its exchange, the heavy flow of investors caused the site to experience technical difficulties.
In a tweet Binance announced that the deposits for PePe Coin and Floki Coin have been temporarily suspended.
Binance reassured all users that their investments and funds are safe.
It remains to be seen how soon Binance will resume all functionality for Pepe & Floki on its exchange.
All things aside, the congestion by memecoin aficionados crashed Binance, the worlds biggest exchange! Where will the memecoin trend take us next?