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Binance Extends Support For FET, FLOKI, NOT, ZRO, Will The Rally Sustain?

Binance has recently unveiled its plan to boost support for Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO). Will prices rally?
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Binance Extends Support For FET, FLOKI, NOT, ZRO, Will The Rally Sustain?

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.

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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.

Also Read: German Govt Bags 3673 Bitcoin After Massive Dump, What’s Happening?

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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.

FET Price

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.

NOTCOIN Price

Also Read: Spot Bitcoin ETFs Inflow At 3-Week High, Institutions Buying Heavily Ahead Key Events

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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