Binance Lists Marscoin, Price Surges 50% After Announcement

Binance has announced that it will list Marscoin (MARSCOIN), a BNB Chain-based meme coin, on its spot market.

The listing comes after Marscoin was previously supported for trading on Binance Alpha and in the futures market as a MARSCOINUSDT perpetual contract with leverage of up to 20x.

Marscoin's price surged approximately 50% immediately following the announcement, with its market capitalization reaching around $170 million (about 230 billion won) according to GMGN data.

Binance will support three spot trading pairs, MARSCOIN/USDT, MARSCOIN/USDC, and MARSCOIN/TRY, starting at 22:00 local time, with deposits opening one hour after the announcement and withdrawals beginning at 22:00 on the 5th.

The listing is notable for Marscoin's existing trading history within the Binance ecosystem, but Binance has maintained that futures listings do not guarantee spot listings.