On a busy day in the cryptocurrency market, major exchanges such as Binance, Bybit, OKX and MEXC Global announced listings for various tokens. Listing announcements involving cryptos such as BONK coin have also potentially attracted investors’ attention. Here are some important developments…
Binance improves trading options
Binance, the world’s largest crypto exchange, came into the spotlight by announcing the listing of five new tokens: Arkham (ARKM), Arweave (AR), BounceBit (BB), Curve (CRV) and ConstitutionDAO (PEOPLE). These listings will allow users to exchange these tokens against USD Coin (USDC) starting at 11:00 am Turkish time (TSI) on May 17, 2024. On the other hand, an announcement was made for spot Algo transactions. ARKM/USDC, AR/USDC, BB/USDC, CRV/USDC and PEOPLE/USDC pairs; It can be used in algo transactions.
Notcoin and others are listed on multiple exchanges
Today, there are listing announcements for many altcoin projects. What stands out the most is the listing of Notcoin. Because this cryptocurrency related to Toncoin is listed on many exchanges. Notcoin (NOT) has emerged as a popular choice for various exchanges, securing listings on Bybit, OKX, MEXC Global, Gate.io and KuCoin. Apart from that, the following listings stand out:
- MEXC Global: Lists the RUM coin associated with the play-to-win game Pirates of the Arrland. The exchange opens transactions with the RUM/USDT pair
- KuCoin: Lists NuLink (NLK) with NLK/USDT pair.
- LBank: Lists Kibho Coin (KBC) listed with KBC/USDT pair.
- Indodax: Lists Starknet (STRK) with STRK/IDR pair..
- WazirX: Lists the Forta (FORT) altcoin.
- Bitfinex: Lists Not Notcoin (NOTNOT) with NOT/USD and NOT/USDT pairs.
- BingX: BabyBonk (BABYBONK) is listed along with the BABYBONK/USDT pair.
- Gate.io: Lists Notcoin (NOT) listed alongside the NOT/USDT pair.
- MEXC Global: Lists NMKR with NMKR/USDT pair.
Bithumb lists BONK coin and ZETA coin
South Korean exchange Bithumb announced that Bonk (BONK coin) and Zeta Chain (ZETA) have been listed on the Korean Won market. Trading and withdrawals for BONK started on May 16, 2024, while ZETA trading and withdrawals will start in the evening on the same day. Interestingly, market data shows that the ZETA price is affected by listing news. Because the altcoin experienced a short-term increase of over 7%. Thus, it reached a temporary high of $1.70. The situation is the same for BONK: Meme coin rose by 10 percent.
cryptokoin.com This flurry of exchange listings, which we reported as, highlights the ongoing dynamism in the cryptocurrency market. It is critical that established players like Binance lead the way and smaller tokens find new niches. Because this way, investors have a wider range of options to explore. However, as always, it is vital to conduct thorough research before making an investment decision.
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