Altcoin
Binance Expands Support For KAITO, SOL, & These 5 Crypto, Price Rally Imminent?
Binance unveiled a vital update on the tokens KAITO, SOL, ETH, BNB, TST, TRUMP, and TRX this Monday, nabbing investor attention globally. The crypto exchange behemoth is expanding spot trade offerings for these tokens whilst also adding new trade services for them. In response, market sentiments about the coins’ long-term prospects turned bullish among traders and investors.
Binance Spot Expands Offerings For These 7 Crypto
In an official announcement dated February 24, Binance Spot Trading revealed that it is adding seven new trading pairs for its users on February 25 at 08:00 UTC.
Here Are The New Spot Trading Pairs
- KAITO/BRL
- SOL/ARS
- BNB/ARS,
- ETH/MXN
- SOL/MXN,
- TRUMP/BRL
- TRX/FDUSD
- TST/TRY
What’s More In The Binance Announcement?
Additionally, the leading crypto exchange also revealed that ‘Trading Bots’ services for these pairs will commence on the same date and time. Also, ‘Spot Algo Orders’ for the abovementioned pairs will be available for users.
For context, ARS, BRL, MXN, and TRY are fiat currencies, with the exchange expanding regional trade offerings for the abovementioned tokens. As a result, market sentiments over future price prospects remain bullish as increased investor participation and trading could boost the coins” tokenomics.
Binance further added that the decision to add new trading pairs comes to enhance users’ trading experience.
How Are These Crypto Performing Amid Binance’s Listing?
KAITO
Following the Binance announcement, KAITO price was up by nearly 14% in the past 24 hours, closing in at $1.73. The coin hit a bottom and high of $1.45 and $1.75 intraday.
SOL
Solana price slumped nearly 8% amid broader crypto market volatility and exchanged hands at $156.91. The coin’s intraday low and high were $155.70 and $171.28, respectively.
ETH
Ethereum price dropped by 5% over the past day and rested at $2,675. The coin hit a bottom and peak of $2,666.28 and $2,850.61, respectively.
BNB
BNB price also cracked 4% intraday and closed in at $637.83. The coin’s 24-hour low and high were $636.51 and $662.35, respectively.
TRX
TRX price was up by 2% over the past day, trading at $0.2463. Its intraday bottom and peak were $0.2418 and $0.2471.
TRUMP
TRUMP price slumped 8% intraday and exchanged hands at $14.99. The coin hit a low and high of $14.93 and $16.25 in the past 24 hours.
Despite most of the tokens trading in the red zone today, market watchers remain optimistic about future performances amid Binance’s enhanced support. The coins’ prices could potentially gain ahead due to increased market exposure and thus money influx into their ecosystems.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
✓ Share: