USELESS Coin Proves Useful—Jumps 52% After Binance Listing
According to reports, USELESS coin surged 52% in a single day after becoming the first memecoin from LetsBONKfun to land on Binance. Related Reading: Dogecoin Draws New Attention As Open Interest Tops $3 Billion The price climbed from $0.19 to $0.33 during the initial burst, data from Coingecko shows, and many traders sold into that move overnight. Social interest rose alongside the price: 30-day growth was 42%, which translated to nearly 9,700 new followers, data from Messari shows. Exchange Listings Fuel Hype Reports have disclosed that other platforms moved quickly. Kraken listed the....
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The Japanese Virtual Currency Asset and Exchange Association (JVCEA) is considering loosening restrictions on coin listing. With a $1 trillion cryptocurrency trading industry, Japan is changing its perspective and innovating by making it easier to list digital tokens. The listing rules in place require prospective digital coins to go through a lengthy coin listing screening […]
The number of users plays a critical role for a token to get listed on Binance, Changpeng Zhao said in an interview. The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform.The most important criteria for listing a cryptocurrency on Binance is the number of users, CEO Changpeng Zhao said in a Forbes interview on Nov. 29.CZ went on to say that there are many other factors like the number of active addresses on blockchain, social media audience and code commits. However, the number of users is “the....
To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS. 2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%. One of the primary drivers of BNB's growth was continued congestion on the Ethereum network. As this struggle carried on, Binance Smart Chain (BSC) emerged as an alternative, meeting the rapidly growing decentralized finance (DeFi) sector's demands. As BNB reached a $64 billion market capitalization, it has surpassed traditional banks, including....
Major exchanges are elbowing for exposure to Coinbase's listing. Major global cryptocurrency exchanges including Binance and FTX have announced the listing of Coinbase’s stock token ahead of its direct listing on Nasdaq.According to a Wednesday announcement, Binance will list Coinbase's stock token (COIN) today, allowing its users to trade fractional Coinbase stock on the Binance website.The new stock token will trade against Binance USD (BUSD), Binance’s stablecoin pegged to the United States dollar and issued by Paxos Trust Company.Binance said that Coinbase stock tokens are....
There’s less than 24 hours standing in between now and the time San Francisco-based cryptocurrency exchange Coinbase is listed publicly for the first time. The shot heard ’round Wall Street has caused exchange tokens in particular to surge. One of the biggest benefactors has been competitor platform utility token, Binance Coin, along with other similar […]