Altcoin
Binance Reveals Major Update On Movement (MOVE), What’s Next?
Leading cryptocurrency exchange Binance on Monday garnered significant attention, revealing a vital announcement on the first Move-EVM L2 for Ethereum, Movement (MOVE). Notably, the crypto exchange revealed that it is adding the project to its Airdrops portal and also listing it, igniting market optimism. As a result, crypto market participants anticipate a bullish effect on the asset’s future movements.
Binance Lists Movement & Adds It To HODLer Airdrops
According to a recent Binance announcement, the crypto exchange is introducing Movement on its “HODLer Airdrops” platform. Notably, users who subscribed their BNB to Simple Earn Flexible or Locked products from December 2 at 00:00 UTC to December 5 at 23:59 UTC remain poised to receive the distribution. The Airdrops page for the mentioned EVM project will be available later today.
Further, the crypto exchange giant also revealed that it is listing the same asset pegged to BTC, USDT, BNB, and FDUSD. Overall, the expanded offerings by one of the top crypto exchanges have echoed substantial market optimism for the project, enhancing visibility and paving the way for further investor interaction.
Meanwhile, the leading S. Korean crypto exchange, Upbit, also expanded trade offerings for the same EVM project. Notably, Upbit revealed that it is listing the asset on the same date, primarily in KRW, BTC, and USDT pairs. Altogether, the leading crypto exchanges’ enhanced support has garnered significant investor interest in the asset.
What’s Next For The EVM Project?
In the aftermath of the enhanced support, the native coin MOVE could see significant gains ahead. Intriguingly, in a similar chronicle witnessed recently, THENA price saw a 500% uptick as Binance expanded offerings for the project and listed THE.
Moreover, in an effort to further solidify its leading global ranking, Binance debuted On-Chain Yields to magnetize market participants. CoinGape reported that the initial offering under this endeavor was Babylon BTC Staking, where users can stake their BTC via the platform to earn on-chain rewards from the Babylon Protocol. Overall, the crypto exchange giant continues to mark monumental strides across the crypto realm with its vision to promptly tap into emerging markets, now bolstering the EVM project mentioned above.
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.
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