Ontology (ONT) which currently stands on the 27th position has plunged 7.46 percent today. It’s worth mentioning that the value of ONT jumped from 0.56 to 0.64 within a couple of hours.
Ontology (ONT) Surged Following ONG token Listing on Binance
ONT’s price growth is a kick start to the weekend. Although there would be no real reason on why prices of few cryptocurrencies suddenly upsurge but this plunging price of ONT is something has to do with the recent discussion relating to Binance. As for now, ONT as against the US dollar is up and consequently, you can buy one ONT token for $0.64 or 0.00017756 BTC.
Image source – https://coinmarketcap.com/currencies/ontology/
ONG Crypto Token Operates on Ontology Platform
To note, Binance on Feb 15, 2019, has announced to list ONG token – which is backed by the hard-working project in view of CEO of Binance, CZ. Following the tweet, listing ONG token on Binance’s exchange appeared today, on Feb 16, 2019, with trading pairs as ONG/BNB, ONG/BTC, and ONG/USDT. Accordingly, the deposit for ONG token is open at the world’s #1 cryptocurrency exchange.
— Binance (@binance) February 15, 2019
It is important to note that the ONG (ONG) is a cryptocurrency token that operates on the Ontology platform. With the recent binance listing of ONG token has quickly appreciated the value of ONT cryptocurrency as well.
don't thank me. Thank the hard working project team.
— CZ Binance (@cz_binance) February 15, 2019
Further to mention, ONT’s trading volume is highly influenced by Bit-Z exchange, Binance, Upbit, DigiFinex Huobi, Gate.io, OKEx, Coinall exchange and more. On top of all, the one obvious reason is Binance’s trading volume for ONT is quite pushing it up compared to the other exchanges where ONT is already listed.
Image Source – https://coinmarketcap.com/currencies/ontology/#markets
Stay tuned with coingape as the weekend’s price is not something that will decide the next market move for any specific token. Anything that’s remarkable during the weekend would hardly continue the next week to come.
What’s your stake on ONT price surge and ONG listing by Binance exchange? Share your opinion with us.
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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com