Price: $0.19142 -3.0373%
Market Cap: 28.08B 1.125%
Volume (24h): 4.46B 0.2%
Dominance: 1.125%
Price: $0.19142 -3.0373%
Market Cap: 28.08B 1.125%
Volume (24h): 4.46B 0.2%
Dominance: 1.125% 1.125%
  • Price: $0.19142 -3.0373%
  • Market Cap: 28.08B 1.125%
  • Volume (24h): 4.46B 0.2%
  • Dominance: 1.125% 1.125%
  • Price: $0.19142 -3.0373%
Home > Information news > Binance Adds Support For OMNI, PEPE, & Others, Prices To Surge?

Binance Adds Support For OMNI, PEPE, & Others, Prices To Surge?

Release: 2024/04/25 17:39 Reading: 414

Original author:CoinGape

Original source:https://coingape.com/binance-adds-support-omni-pepe-others-prices-surge/


Binance, a prominent player in the cryptocurrency exchange realm, has once again sparked discussions among traders with its recent announcement. This time, the buzz revolves around the expansion of support for select cryptocurrencies.

The move, which encompasses notable names like Internet Computer (ICP), Omni Network (OMNI), Pepe Coin (PEPE), Ontology (ONT), and Yield Guild Games (YGG), has prompted speculation among investors regarding potential price surges in the crypto market.

Binance Extends Support For ICP, OMNI, PEPE, & Others

Binance, a trailblazer in the crypto exchange domain, recently stirred the pot with its decision to broaden support for a handful of cryptocurrencies. Among the beneficiaries are Internet Computer (ICP), Omni Network (OMNI), Pepe Coin (PEPE), Ontology (ONT), and Yield Guild Games (YGG).

Notably, Binance, in its announcement, unveiled plans to introduce new trading pairs and trading bot services for these assets, igniting a wave of anticipation among investors. The move, slated to take effect on April 24, 2024, at 14:00 (UTC), has reignited discussions on the potential market repercussions.

Meanwhile, the introduction of trading pairs such as ICP/USDC, OMNI/USDC, ONT/USDC, PEPE/BRL, and YGG/TRY, coupled with the provision of Trading Bots services, underscores Binance's commitment to expanding its offerings and enhancing user experience. In addition, the announcement underscores the exchange's proactive stance amid evolving market dynamics.

By facilitating trading in these assets, Binance aims to cater to the diverse needs of its user base, while also positioning itself as a frontrunner in the competitive crypto exchange landscape.

Speculation on Price Rally

The cryptocurrency market, known for its volatility and sensitivity to market developments, is abuzz with speculation following Binance's latest move. Historically, announcements of this nature from major exchanges have often catalyzed price rallies in the crypto sphere.

Considering that, market participants are eyeing the potential for an uptick in prices for the newly supported assets. Notably, this sentiment is further buoyed by Coinbase's recent announcement of Pepe Coin's perpetual futures listing on its platform, hinting at growing institutional interest and market traction for these assets.

Meanwhile, following Binance's announcement, the Pepe Coin price soared 4.59% and traded at $0.000006712, while its one-day trading volume rose 10.91% to $1 billion. On the other hand, the OMNI price fell 7.20% to $24.34 at the same time, with its trading volume declining 13% to $68.50 million.

OMNI Price Chart

The post Binance Adds Support For OMNI, PEPE, & Others, Prices To Surge? appeared first on CoinGape.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.