Binance’s Crucial Update Impacts Multiple Altcoin Traders: Insights on Coin Performance and Symbols
- Binance, the world’s largest cryptocurrency exchange, has expanded its Loan service to include new assets such as Holo (HOT) and Manta Network (MANTA).
- Following the announcement, the prices of these newly added tokens have seen an increase, possibly driven by the broader recovery in the cryptocurrency market.
Binance expands its Loan service to include new assets, resulting in a surge in the prices of these tokens. This move is seen as a response to the current market trends in the cryptocurrency industry.
Binance’s Latest Update
Binance has launched another upgrade on its platform to offer additional services and respond to reigning market trends. It has added Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP), and Portal (PORTAL) as new loanable assets on Binance Loans (Flexible Rates). The company has advised clients who wish to place orders via the application to upgrade it to iOS v2.78.0 or Android v2.78.0 (or later). The prices of most of the assets included in the exchange’s latest update have increased shortly after the announcement.
Impact on the Market
The additional support from Binance might be one reason the aforementioned coins entered a bullish mode. Another factor could be the evident revival of the entire cryptocurrency market today. Many of the leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA), are well in the green after suffering substantial losses in... Read the full article for FREE at COINOTAG!
