HBAR, OM, APE, And These Crypto Eye Rally With Binance’s Extended Support

Coingapestaff
November 20, 2024
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HBAR, OM, APE, And These Crypto Eye Rally With Binance's Extended Support

Highlights

  • Binance unveils enhanced trade offerings for HBAR, APE, OM, RAY, FDUSD, TAO, and TURBO, sparking optimism.
  • The exchange revealed that it is adding new trading pairs and trading bot services for the tokens.
  • However, the coins face turbulence today, with optimism over future movements as the enhanced offerings remain poised to commence.

Crypto exchange behemoth Binance revealed an important update on tokens HBAR, APE, OM, RAY, FDUSD, TAO, and TURBO on Wednesday. Notably, the exchange revealed new listings and enhanced trade offerings for the mentioned tokens, expanding market support. Meanwhile, market enthusiasts anticipate whether the enhanced offerings could propel an upside momentum in these tokens’ prices ahead.

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Binance Expands Trade Offerings For HBAR, APE, OM, & These Crypto

In an official Binance release dated November 20, the exchange revealed that it is expanding the list of trading choices offered to users on the platform. As per the announcement, the crypto exchange will commence trading for the pairs APE/FDUSD, FDUSD/USDC, HBAR/USDC, OM/USDC, RAY/USDC, TAO/USDC, and TURBO/FDUSD starting November 22 at 08:00 UTC.

Further, the leading crypto exchange will also commence trading bot services for specific crypto pairs on the same date and time. Notably, Spot Algo orders for APE/FDUSD, FDUSD/USDC, HBAR/USDC, OM/USDC, RAY/USDC, TAO/USDC, and TURBO/FDUSD will be available for users on the abovementioned date.

Additionally, users remain poised to enjoy zero fees on the FDUSD/USDC trading pair. Overall, these enhanced trade offerings provide the assets with heightened market interest, paving the way for further growth. Market watchers remain somewhat optimistic about future movements as the enhanced trade offerings will kick off.

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How Are The Coins Delivering In The Market?

Despite the abovementioned optimistic announcement, six tokens’ price action was been turbulent. ApeCoin (APE) price tanked nearly 4% intraday and is now trading at $1.08. The coin’s 24-hour low and high were $1.08 and $1.15 at the time of reporting.

Simultaneously, the Hedera (HBAR) price retreated 15% intraday to reach $0.1231. The coin’s intraday low and high were $0.1177 and $0.1485, respectively. Nevertheless, it’s noteworthy that the token’s weekly chart indicated gains worth 113%, as optimism soars amid speculations over Hedera board member Brian Brooks to head the US SEC.

MANTRA (OM) price fell 5% despite the announcement to trade at $3.96. The coin’s 24-hour low and high were $3.81 and $4.39, respectively. Besides, even MANTRA’s price surged 176% weekly. Similarly, Raydiyum (RAY) price soared 23% weekly whereas it cracked 4% intraday to rest at $5.50. Its 24-hour low and peak were $5.20 and $5.79, respectively.

However, Bittensor (TAO) price slipped 3% over the past day and is currently sitting at $475.86. The coin’s 24-hour low and high were $461.77 and $501.58, respectively. Lastly, Turbo price slipped 6% over the past day to reach $0.008078. The coin’s 24-hour low and high were $0.008054 and $0.008823, respectively.

Despite the tokens’ bearish performances, market watchers continue to monitor them as Binance’s enhanced offerings usually fuel a positive impact on crypto. Notably, Akash Network (AKT) and Comedian (BAN) prices soared remarkably with their futures listing on the same exchange.

Simultaneously, PNUT and ACT prices also noted remarkable gains in light of their listing on the same exchange previously. These past chronicles spark significant optimism over the mentioned coins’ price movements ahead. Nevertheless, market watchers remain uncertain about future movements primarily due to the dynamic nature of the crypto space.

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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.
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.

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
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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.