Huobi Exchange to List MongCoin (MONG) Today – Inspired by MONGS NFT Collection
MongCoin is a fun cryptocurrency project that introduced the MONG token on April 23, 2023. It stands out from other meme coins as it is associated with the existing MONGS NFT collection.
The special NFT collection was made in January 2022 and consists of 6,943 unique NFTs, with each one showing a different picture of a mongoose.
As per Huobi’s official announcement, you can now deposit MONG tokens starting from May 20 at 09:00 CEST. The trading of MONG against USDT (MONG/USDT) will begin once there is enough demand from deposited tokens, and the specific timing will be communicated beforehand. You will also be able to withdraw MONG tokens starting from May 21 at 13:00.
Huobi has advised its users to exercise caution while trading newly listed tokens due to their tendency for significant price changes. To prevent potential losses, if there are no orders within 90% to 110% of the final price in the order book, any new market buy or sell orders will be automatically canceled to avoid unexpected price differences.
Huobi, a cryptocurrency exchange, has expressed its focus on meme tokens.
Recently, they listed MongCoin, a meme token, as part of their efforts to revitalize their platform with such tokens. Huobi’s manager, Justin Sun, also announced his intention to engage in trading meme tokens, according to a recent statement.
Important: This article is intended solely for informational purposes. It should not be considered or relied upon as legal, tax, investment, financial, or any other form of advice.