Altcoin
XLM, KAIA, SAND, & These Crypto Eye Rally As Binance Expands Support
In an effort to further uplift market sentiment, crypto exchange behemoth Binance issued a vital update on Stellar (XLM), KAIA, The Sandbox (SAND), EOS, and Ethena (ENA) tokens. Notably, the crypto exchange revealed on Tuesday that it is adding new trading pairs and trading bots services for the mentioned tokens. In turn, crypto market enthusiasts are thoroughly monitoring the tokens, expecting further gains in light of enhanced offerings.
Binance Expands Trade Offerings For XLM, KAIA, SAND, & These Crypto
In an official Binance release, the crypto exchange revealed that it is adding new trading pairs and bots services for certain tokens in an effort to expand the list of choices offered to users. In line with this commitment, the exchange revealed that it will commence trading for ENA/BRL, EOS/FDUSD, KAIA/USDC, SAND/USDC, and XLM in FDUSD and USDC trading pairs starting December 4 at 08:00 UTC. Further, the exchange unveiled that it will also enable Spot Ago Orders for the mentioned trading pairs on the same date and time.
Altogether, these enhanced offerings by one of the top cryptocurrency exchanges have sparked significant market optimism surrounding the mentioned crypto, offering increased market visibility and magnetizing investors toward them. Meanwhile, it’s also noteworthy that the exchange’s announcement encompassed some other enhanced offerings for specific tokens.
The exchange’s announcement revealed that Spot Grid and Spot DCA services for AVAX/USDC, METIS/USDT, RONIN/USDT, and XRP/EUR are to commence on the abovementioned date and time. Further, the exchange will also open rebalancing bot services for METIS/USDT and RONIN/USDT on the same date.
Overall, these enhanced offerings have sparked significant market discussions, with investors primarily eyeing a bullish impact on prices amid a Q4 power play in the crypto market.
How Are The Coins Performing?
In light of Binance’s enhanced offering XLM price soared nearly 4% in the past 24 hours and is trading at $0.5375. The coin’s intraday low and high were $0.5002 and $0.6012, respectively.
Similarly, KAIA price surged 25% intraday to rest at $0.3531. Its 24-hour low and high were $0.2867 and $0.415, respectively. SAND price also witnessed gains worth 28% intraday and is currently sitting at $0.7994. Its 24-hour bottom and top were $0.6053 and $0.8883, respectively. EOS price jumped 3% intraday and is sitting at $1.13. The token’s 24-hour low and high were $1.07 and $1.20, respectively.
While these rising trajectories sparked investor curiosity amid the tokens’ enhanced offerings, it’s noteworthy that Ethena witnessed a waning action. ENA price slipped 2% in the past 24 hours and is currently trading at $0.8224. The coin’s 24-hour low and high were $0.8029 and $0.8863, respectively. Nevertheless, market watchers continue to extensively eye these tokens, expecting further gains mirroring past chronicles.
Notably, LUNA, LUNC, and USTC prices witnessed an uptick as the same exchange expanded the leverage for Terra Luna’s perpetual contract. Primarily, LUNA gained 9% as the crypto exchange revealed updated leverage and margin tiers of LUNA2USDT. This chronicle has added significant optimism over the abovementioned tokens’ prices.
Meanwhile, in another similar chronicle, Solana’s CHILLGUY price witnessed remarkable gains as the same exchange launched a perpetual contract for the crypto. In light of these past chronicles, market enthusiasts are anticipating further gains in prices amid an ongoing bull cycle.
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: