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Highlights
- Binance expands its support for FET, FLOKI, NOT, and ZRO, sparking speculations over a potential rally.
- Previously, the crypto exchange has supported the ASI token merger, further fueling discussions.
- FLOKI and Notcoin prices rally following the latest announcement.
Binance has announced expanding its support for four trending crypto- Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO). Notably, the announcement has gained notable traction from the crypto market participants, who are evaluating the potential impact of the move towards the crypto. In addition, Binance, one of the leading crypto exchanges, has recently supported the ASI token merger involving Fetch AI (FET), OCEAN, and AGIX, which has further sparked market speculations.
Binance Fuels Backing For FET, FLOKI, NOT, And ZRO
Binance has recently expanded its trading pairs on the USDC margin. The newly supported pairs include FET/USDC, FLOKI/USDC, NOT/USDC, and ZRO/USDC. According to the announcement, these pairs are available on both cross and isolated-margin trading. Notably, Binance’s decision to enhance its margin trading options underscores its commitment to offering diverse trading opportunities.
In a recent statement, Binance highlighted its efforts to improve the user trading experience. Precisely, the crypto exchange aims to provide greater diversification and flexibility in trading strategies.
This strategic move is expected to attract more traders, eager to leverage the new pairs for potential gains. Besides, the inclusion of these specific cryptos comes at a time when they are already gaining significant market traction.
Meanwhile, the introduction of these trading pairs appears to be a calculated effort to capture the growing interest in FET, FLOKI, NOT, and ZRO. By expanding its support, Binance is positioning itself as a key player in the evolving crypto market landscape.
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Prices & Performance
The Binance announcement comes amid a time when all these four cryptos were witnessing a robust interest in the market. In addition, the market is also anticipating an altcoin rally, given the soaring anticipation over the U.S. Spot Ethereum ETF approval this week. Besides, the recent buzz over the U.S. Solana ETF has also sparked market interest in the altcoins sector.
In other words, the recent announcement has bolstered market sentiment, stirring speculations over a potential rally in FET, FLOKI, NOT, and ZRO prices. Usually, positive announcements from major crypto exchanges like Binance, Coinbase, and others, act as catalysts for the assets’ prices.
Following the announcement from Binance, FET’s price traded near the flatline, with its trading volume rising 12% to $147.47 million. On the other hand, FLOKI price was up 3% to $0.0001457 after touching a 24-hour high of $0.0001488.
Simultaneously, Notcoin price also noted a surge of over 4% to $0.0159. ZRO price was up 0.93% and exchanged hands at $3.93, while its trading volume fell 20% to $389.33 million.
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