- Binance Alpha announced six crypto projects in its 21st batch announcement.
- ONDO and Virtual tokens made it to the list, among other tokens.
Binance announcements are something worth watching as they can lead to considerable gains for a crypto token. The leading exchange announced 6 crypto projects today as part of its Binance Alpha’s 21st batch. Whenever a crypto token is listed by Binance, it often increases its market price as the trading activity increases through Binance.
Binance Alpha is a feature of the Binance Wallet that acts like a pre-listing token selection pool. It announces the top emerging crypto projects that are in their early stages. And, it also helps in increasing transparency in Binance exchange listings of tokens.
Binance Alpha announced AERO, MORPHO, ONDO, GPS, KMNO, and VIRTUAL tokens as its 21st batch of projects. While its initial announcements only included 5 crypto projects, its 21st batch comprised 6 tokens. The first-ever batch of Binance Alpha, comprising MONKEY, HAPPY, RIF, ZRC, and ELIZA went live on Dec 18.
Can Binance Alpha Mention Resumes ONDO and VIRTUAL Price Rallies?
Binance exchange listing announcement always has a significant impact on market prices. Within a few hours, the listed token prices witness sharp price hikes. However, Binance Alpha token announcements seem to have little effect on token prices.
ONDO and VIRTUAL were top tokens among the ones that witnessed considerable price surge by the end of 2024. While the former witnessed a short term rally in Jan, the latter is facing price fluctuations with no surge.
ONDO Finance announced the launch of RWA tokenization platform, which led to its price surge this month. It is trading at $1.34 at press time with a 0.76% drop today.
Virtual has been one of the top AI agent tokens that was performing exceptionally well for over a couple of months. As the AI agent space in crypto is losing momentum, the token lost its gains considerably. It is currently trading at $1.30 with a 2% drop today. The Binance Alpha announcement seems to have no effect on these tokens’ market prices.
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