Key Points
- BEER token surged by over 100% today.
- The token built on Solana has a market cap of over $247 million.
Beercoin (BEER) saw a price rise of over 100% today and at the moment of writing this article, BEER has a total market cap of over $247 million.
The other day, the team behind the project said via X that BEER has crossed $75 million in trading volume on Bybit.
They also told users that they could sign up and start trading beer, choosing other long or short positions, and adjusting the leverage according to their preferences.
The team at Beercoin announced that their NFT collection is listed and verified on Magic Eden.
1/5 We are officially listed and verified on @MagicEden. Make sure you ONLY trade through the official collection page 👇https://t.co/Myoj0aBZKe
— beercoin (@beercoinmeme) June 4, 2024
They also noted that there are 15 rarities of $BEERIONAIRES NFTs. The higher the rarity, the more $BEER users will receive during the retrospective airdrop later on.
On June 3, Bitpanda announced the listing countdown in a post on X.
They noted that the Beercoin meme is a community-led meme coin, and invited users to get their share of tokens.
Bitpanda was recently in the spotlight after teaming up with Deutsche Bank. According to the latest reports, German traders will be able to make real-time inbound and outbound payments on Bitpanda, via a new partnership between the crypto trading platform and Deutsche Bank.
What is Beercoin (BEER)?
Beercoin is a meme coin built on Solana. The team behind the project says that their coin is “literally liquid gold.”
According to the team, the BEER token works as the universal currency of enjoyment, bringing people together.
Memecoins have been recently gathering a lot of attention and the most recent one was $DOG which recently reached a new ATH, racing towards a $1 billion market cap, after Bybit announced that DOGUSDT Perpetual Contract went live on the exchange.
