Binance Adds Support For MUBARAK, CZ's Dog, & These Crypto, Here's All

Highlights

Binance expands market support for 4 new cryptos.
MUBARAK, BROCCOLI, TUT, and BANANAS31 tokens are now available on a stockpile of Binance trade offerings.
While two of the coins listed rallied, others crashed.

The latest announcement from crypto exchange giant Binance has left investors speculating about the future prices of 4 tokens. On Friday, March 28, the exchange revealed enhanced trade offerings for MUBARAK, CZ’S Dog (BROCCOLI), Tutorial (TUT), and Banana For Scale (BANANAS31) tokens. Primarily, the CEX is adding these coins to the ‘Earn, Buy Crypto, Convert & Margin’ trading platforms.

In response, crypto market traders and investors also speculate over looming price gains due to enhanced market exposure brought by a top CEX.

Binance Bolsters Support For MUBARAK, CZ’s Dog, TUT, & BANANAS31

As per an official release, Binance is integrating the abovementioned tokens to the ‘Simple Earn, Buy Crypto, Convert, Margin, and Auto-Invest’ trading platforms. The enhanced trade offerings pave the way for more investor interaction with these assets, thereby welcoming funds.

Notably, MUBARAK, BROCCOLI, TUT, and BANANAS31 flexible products were listed on the CEX as of March 28 at 02:00 UTC. Users can now avail of the subscription facility for these assets on the platform. Auto-Invest services for the same are to commence on March 29 at 10:00 UTC.

Also, the exchange’s enormous user base can buy these tokens via VISA, MasterCard, Google Pay, Apple Pay, and Revolut. Users can also trade it using account balances on the ‘Buy Crypto’ division.

Overall, these enhanced offerings magnetize investors from across the globe with emerging market opportunities, thus offering a money influx into the coins. Historically, such offerings on top crypto exchanges have proved bullish for crypto assets in the long term.

Other Offerings For These Coins On Binance

Binance also revealed that starting March 28 at 05:00 UTC, users can trade these assets on the ‘Convert’ division. This means users can trade the coins against BTC, USDT, and other assets available on the platform at zero fees.

Simultaneously, MUBARAK, TUT, and BANANAS31 will be added as new borrowable assets on Cross and Isolated Margin. Users can enjoy this trading facility starting March 28 at 04:30 UTC. Altogether, the stockpile of enhanced offerings ushers in a positive market sentiment for these tokens.

How Are The Tokens Performing?

CZ’s Dog price witnessed a remarkable 20% uptick intraday, reaching $0.06157. The crypto’s 24-hour low and high were $0.04978 and $0.08665, respectively. TUT price was up by a staggering 136%, reaching $0.03949. The coin bottomed and peaked at $0.01586 and $0.0587 intraday. Notably, the two tokens mentioned above witnessed remarkable gains in the wake of their spot listings and enhanced trade offerings on Binance.

However, BANANAS31 price crashed nearly 18% despite its listing. The token even hit a low of $0.005326. Additionally, MUBARAK price slumped almost 36% to $0.09671, defying market optimism. Its intraday low and high were $0.09159 and $0.158, respectively. While two of the coins mirror a bull run amid enhanced market support, two trade in the red zone.

What’s More?

CoinGape earlier reported that Binance completed its inaugural Vote To List program for these tokens. As a result, new trade offerings were unveiled today.

Also, CoinGape previously reported that the exchange launched a MUBARAKUSDT perpetual contract, causing the price to rally. In turn, broader market sentiments in light of crypto listings remain optimistic.

However, it’s worth mentioning that a few traders have sparked a speculative buzz with their MUBARAK coin transfers amid new listings. Soon after the announcement, three addresses deposited 22.15 million tokens to the leading exchange, per ‘ai_9684xtpa’ on X. If sold, two addresses could see over 100 times the profit, adding a layer of intrigue to the crypto’s price movements and insider trading speculations.

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Coingape Staff

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