Binance News: Crypto Exchange Expands Offerings For DOGE, LTC, & CGPT
Highlights
- Binance expands lending and borrowing opportunities with DOGE, LTC, and CGPT.
- The crypto exchange adds new loanable and collateral assets for these three tokens, increasing market exposure.
- Meanwhile, the mentioned cryptos continue to trade in the green.
Leading cryptocurrency exchange Binance has set off market discussions after issuing a vital announcement on Dogecoin (DOGE), Litecoin (LTC), and ChainGPT (CGPT) tokens. Notably, the crypto exchange revealed on Wednesday that it is adding the abovementioned crypto as new loanable and collateral assets, offering enhanced offerings for users.
Binance Enhances DOGE, LTC, and CGPT Offerings
In an official Binance announcement dated January 15, the crypto exchange revealed that it is adding the mentioned tokens as new loanable and collateral assets for users. Per the exchange’s announcement, DOGE and LTC have been added as collateral assets on the Fixed Rate Loan platform. Also, CGPT has been added as a loanable asset on the VIP Loan platform.
As a response, market sentiments surrounding these tokens turned considerably optimistic. Particularly in the wake of one of the top crypto exchanges expanding offerings of these coins, increased exposure and adoption could propel a notable bullish momentum ahead.
Simultaneously, it’s also noteworthy that traders and investors remain optimistic about the assets’ prices as the broader crypto market shows signs of recovery. CoinGape reported that cryptocurrency prices recovered ahead of the U.S. CPI inflation data, with BTC, XRP, and AIXBT taking the lead.
How Are The Tokens Performing?
At press time, Dogecoin price witnessed gains worth 4.5% intraday and is currently trading at $0.3599. The coin’s 24-hour low and high were $0.3443 and $0.3645, respectively. Notably, the dog-themed meme coin soars in tandem with Binance’s announcement, sparking optimism amid a broader market recovery.
Simultaneously, LTC price witnessed a 4% uptick in value, reaching $102.58 at the time of reporting. The coin’s intraday low and high were $98.71 and $103.22, respectively.
However, CGPT showcased a turbulent action, jumping slightly by 0.3% to $0.3876 at press time. Its 24-hour low and high were $0.3658 and $0.4287, respectively.
Market watchers continue to monitor these tokens, primarily in light of the abovementioned offerings, as the leading crypto exchange’s chronicles substantially influence price. In another similar saga, CoinGape previously reported that Binance delisted BANANA and Harmony tokens from loanable assets, raising price dip concerns among traders and investors.
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