Binance’s Altcoin Listing Backfired This Time: The Price Crashes Hard!

The announcement of Binance, the world’s largest cryptocurrency exchange, that it would list a new altcoin, had an opposite effect on the price this time.

Binance 5th of February In the official announcement made on , Ronin (RON) CET today at 16:30announced that it will list it in the high-risk tokens category with the “Seed Tag” tag.

Binance In the statement made by RON Deposits have already started and withdrawals will start tomorrow (GMT+3). 16.30 It has been reported that it will start as of.

Along with the listing in question Binance by to investors RON/BTC, RON/USDT, RON/FDUSD And RON/TRY with 4 different trading pairs including purchase and sale And trade opportunity will be offered.

Binance Altcoin listings by overall rise even if it brings This time it’s the opposite. happened. It started crashing with the listing announcement. RON price in a short time $3.51 from the top 20% seeing a huge decline like for $2.82 It was destroyed until.

CoinGecko according to data RON, in the last 24 hours 6.1% At the time the news was written, with a decline from $2.86 finds buyers.

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