Binance Traders Have SHIB and These 13 Altcoins on their Radar!

Sharing up-to-date statistics about cryptocurrencies on Twitter, CryptoDiffer listed Binance’s most popular coins. While BTC, ETH and SHIB are in the top spots, Terra (LUNA) is again in the top 10.

Binance traders search for BNB, BTC, ETH, SHIB and SOL

The cryptocurrency market gained strong momentum on September 9, with most altcoins rising in double digits. Almost all altcoins, including Bitcoin and Ethereum, accompanied the short run. It seems that at this time, BNB Coin (BNB) ranks first among the most sought-after cryptocurrencies. As it is Binance’s native token, BNB is always at the top of the most wanted list. Looking ahead, we see that Bitcoin (BTC) and Ethereum (ETH) are gaining popularity again. Shiba Inu (SHIB) and Solana (SOL) round out the top 5 most wanted altcoins on Binance.

  1. BNB Coin (BNB)
  2. Bitcoin (BTC)
  3. Ethereum (ETH)
  4. Shiba Inu (SHIB)
  5. Left (LEFT)

The remaining 10 names of the list are as follows. Interestingly, the security-focused cryptocurrency POLY managed to hit the trends in the September 9 rally. In the rest of the article, let’s take a quick look at why Polymath has been the focus of investors lately.

  • Cardano (ADA)
  • Polymath (POLY)
  • Polygon (MATIC)
  • Ethereum Classic (ETC)
  • Cosmos (ATOM)
  • Tron (TRX)
  • Polkadot (DOT)
  • Terra (Luna)
  • Chainlink (LINK)
  • Near (NEAR)

What is Polymath and why is it rising lately?

Polymath is a technology provider that offers Blockchain as a service (BaaS) that provides companies with the tools to launch their presence in the crypto world. In particular, the Altcoin project offers security token options, giving businesses the chance to easily set up their own cryptocurrencies. According to the text on the website:

Whether you configure tokens using Polymath Token Studio or integrate our brokerage toolkit into your offering, Polymath’s technology brings efficiency and transparency to security token management.

cryptocoin.comAs you follow, POLY price has appreciated around September 8 &160. Polymath has also witnessed a good run over the past month. In fact, it has recorded gains of 21% in the last 30 days and over 55% in the last week, according to CoinGecko.

One of the developments that triggered the POLY rally was the 200 MA breakout. After breaking this level, the altcoin continued to rally over 50%. Afterwards, about 40% failed to escape a correction, as seen in the chart above. POLY is currently trading at $0.3072. Despite high fluctuations, it keeps its last 24 hours gains above 15%.

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