Binance Adds XRP and DOGE to Smart Arbitrage Offerings, Price Rally Is Here

Varinder Singh
November 8, 2024 Updated June 6, 2025
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Binance Adds XRP and DOGE to Smart Arbitrage Offerings, Price Rally Is Here

Highlights

  • Binance Earn adds XRP and Dogecoin (DOGE) to smart arbitrage offerings.
  • The crypto exchange will run special campaign with rewards totaling 45,000 USDT to celebrate the listings.
  • XRP and DOGE price predicted to rally further.

The world’s largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn’s addition of the trending tokens sparked huge speculation for an imminent price rally. The crypto exchange has also announced a special campaign with rewards totaling 45,000 USDT to celebrate the listings.

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Binance Lists XRP and Dogecoin to Smart Arbitrage

XRP and Dogecoin (DOGE) were added to the Smart Arbitrage offerings by Binance Earn, according to an official announcement by Binance on November 8. Notably, users can start trading the tokens with a minimum investment of 12.5 USDT. Until now, it only supported Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Smart Arbitrage leverages the funding rate mechanism by hedging their futures position with a spot position to collect the funding fee. The strategy hedges out price movement risks by taking opposite positions in the futures and spot markets. Thus, profit on a long position will offset loss on a short position (or vice versa).

In addition, Binance has announced a special campaign with rewards totaling 45,000 USDT to celebrate XRP and Dogecoin (DOGE) listings. The promotion period is valid until 23:59 UTC on November 21.

The top crypto exchange claims users can earn up to 20.95% APR in the promotion period. Also, a total reward pool of 30,000 USDT will be distributed on a first-come, first-served basis.

“All users who opt-in to the Promotion and hold any Smart Arbitrage portfolio for more than 72 hours during the Promotion Period will receive a 10% Bonus APR on their first 1 – 2,500 USDT subscriptions, as per Binance.

Moreover, all regular and VIP 1-2 users who opt-in to the promotion Smart Arbitrage portfolio with at least 10,000 USDT for 72 hours are eligible to get a 45% trading fee rebate.

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Ripple’s Token and DOGE Price To Rally

With investors already upbeat on XRP and DOGE after Donald Trump’s win, the tokens witnessed upside momentum. High odds for XRP ETF launch and Elon Musk’s Department of Government Efficiency (D.O.G.E.) are the reasons behind the positive sentiments.

XRP price 30x rally is expected as it jumped 9% this week, with the price currently trading at $0.55. The 24-hour low and high are $0.542 and $0.560, respectively. Furthermore, the trading volume has decreased by 37% in the last 24 hours, indicating a decline in interest among traders.

Meanwhile, DOGE price jumped 3% in the past 24 hours and 25% weekly. The price currently trades at $0.19, with a 24-hour low and high of $0.186 and $0.199, respectively. Dogecoin price is predicted to hit $10 in this bull cycle.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.