Billy Markus' Memecoin Now a Reward on Binance Pool's Mining Platform

Binance Pool says it has now launched Bellscoin (BEL) merged mining. The mining platform's users can now mine Litecoin and earn rewards in LTC, BEL or DOGE.

Binance’s mining pool platform has announced that it is now distributing rewards in a memecoin that was created by Dogecoin (DOGE) creator Billy Markus.

Binance Pool says that it has now launched Bellscoin (BEL) merged mining.

Users of the mining platform can now mine Litecoin and earn rewards in either LTC, BEL or DOGE.

As per the project’s website, Markus created the Animal Crossing-inspired memecoin in 2013, eight days before Dogecoin was launched. It was then revived in 2023.

The Bellscoin website explains,

“Bells coin has no association with ‘Animal Crossing’ of Nintendo. This coin is simply paying homage to a meme we all love and recognize. Bells is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

It is worth noting that Bellscoin is not currently listed on Binance for trading, despite being offered as a mining reward.

At the time of writing, BEL is trading at $0.903. The crypto asset is ranked 721st by market capitalization and has seen a decrease of over 5% in the last 24 hours.

Meanwhile, DOGE is trading at $0.115 at the time of writing. The crypto asset, which is ranked 9th by market capitalization, has seen a decrease of over 8.5% in the last 24 hours.

Finally, LTC is trading at $66.73 at the time of writing. The crypto asset, which is ranked 25th by market capitalization, has seen a decrease of nearly 4% in the last 24 hours.