Binance, the top cryptocurrency exchange, made two low-cap altcoins available to trade on its platform on Friday.
Binance has launched trading services on the decentralized exchange Orca, based in Solana.
Both platforms’ native tokens saw massive gains last Friday. ACX surged by 88%, while ORCA jumped by almost 80%. According to CoinGecko, these were the biggest gains amongst all top 1,000 tokens based on market capital that day.
Cross-chain Intents are the basis of Across, a new paradigm for cross-chain experience. These orders allow users to specify their desired outcomes rather than execution routes.
Orca’s goal is to provide “the easiest-to-use environment possible for both traders and liquidators (liquidity providers) with varying levels of experience.”
The exchange will apply seed tags for both tokens. These are applied to projects with lower liquidity that could have higher volatility than other listed tokens.
Users who have assets that are seed-tagged must take quizzes at least every 90 days in order to be aware of risks and trade the tokens.
ACX is the 244th ranked crypto asset based on market capitalization. Its current price of $1.07 was written at.
OCRA is the 282nd ranked asset and trades at $6.98.
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The ICD published the article Two Under-the-Radar Altcoins skyrocket to new highs after Friday’s Binance listings.
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