NewsletterBinance Plans To List ONDO, VIRTUAL, & This Crypto; Price Rally Imminent?
Highlights
- Binance announces 3 new listings as a result of 'Vote To List' event.
- Numerous new spot trading pairs for ONDO, VIRTUAL, and BIGTIME is now available for trading.
- The listed tokens are witnessing a price upswing, although the pump may be short-lived.
The leading crypto exchange, Binance, has again captured noteworthy market attention with its plans to list ONDO, VIRTUAL, and BIGTIME tokens. On Friday, April 11, the CEX announced its ‘Vote To List’ results, which appear to have prompted numerous trading pair listings. As a result, crypto market participants now expect price gains in these assets, given that market exposure increases remarkably with listing on a globally leading CEX.
Binance Unveils ONDO, VIRTUAL, & BIGTIME Listings
Binance’s official announcement revealed that the exchange will list ONDO, VIRTUAL, and BIGTIME tokens following the ‘Vote To List’ event held on the platform. The following trading pairs will be available for users starting April 11 at 14:00 UTC.
New Spot Trading Pairs:
- ONDO/USDT
- ONDO/USDC
- BIGTIME/USDT
- BIGTIME/USDC
- VIRTUAL/USDT
- VIRTUAL/USDC
The listing fee is set at 0 BNB, offering additional market support to the tokens. Besides, it’s also worth mentioning that these assets are already available on Binance Alpha, an early-stage and pre-listing crypto platform.
Further, the top crypto exchange added that “The 3 tokens were selected based on a comprehensive evaluation of multiple factors,” including historical performance, trading demand, and risk assessment, among other things. The ‘Seed Tag’ will be applied next to these assets, highlighting their risky and volatile nature, per the announcement.
Will Prices Rally?
The broader crypto market sentiment remains uncertain at the moment, primarily due to Donald Trump’s tariffs saga. However, the Binance listing appears to have sparked some investor curiosity over the aforementioned tokens and their future prices. Historically, listings on top exchanges have ignited price rallies, offering bullish support to prices.
At the time of reporting, ONDO price soared 5% amid its listing and closed in at $0.8819. VIRTUAL price also surged by 15% to $0.5319. Lastly, BIGTIME price witnessed a 25% uptick and exchanged hands at $0.07553. All the mentioned tokens are currently witnessing a price upswing in tandem with new listings.
However, it’s worth mentioning that the pump may be short-lived due to broader trends putting pressure on prices. CoinGape recently reported that Binance listed Babylon (BABY), which triggered a brief price rally for the token. However, BABY’s price soon crashed from a high of $0.12 to the $0.09 level despite its listing. In the wake of this saga, traders and investors remain cautious about investments in the tokens.
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