Florence Muchai
As the crypto market skyrockets with Trump’s victory, Binance is devising ways to fuel the bull rally of its BNB. The Binance launch pool has announced a USUAL listing and will also expand the list of trading choices for more pairs of ACT, PNUT, and NEIRO.
Binance’s USUAL listing offers users an opportunity to farm the tokens. The exchange will begin the farming process, allowing users to lock their BNB and FDUSD to receive USUAL Airdrops over four days. Farming will start on 2024-11-15 at 00:00 (UTC).
In addition, in a bid to uplift the market, the leading crypto exchange is expanding offerings for three tokens. The crypto exchange revealed that it is listing new pairs for The AI Prophecy (ACT), Peanut The Squirrel (PNUT), and First NEIRO on Ethereum tokens, sparking investor curiosity.
This has already caused the listed coins’ prices to soar in double digits showing that the broader market reacted positively to the listing announcement.
Binance launch pool for USUAL – Details
USUAL has become the 61st project on the Binance launch pool. USUAL is a decentralized Fiat Stablecoin issuer that will use the Ethereum Network. This initiative is a significant step in expanding the exchange’s role in the decentralized finance (DeFi) space.
Binance has stated that Farming will be starting from 2024-11-15 00:00 (UTC). The Pre-Market will then list USUAL at 2024-11-19 10:00 (UTC) and open pre-market trading for the USUAL/USDT trading pair. Binance explained that the Maximum holding limit per user will be 40,000 USUAL.
The initial circulating supply when Listed on Binance is 494,600,000 USUAL, which translates to 12.37% of the total token supply. The Launchpool Token Rewards total 300,000,000 USUAL, which translates to 7.5% of the total token supply.
However, users from the United States, Canada, Japan, and North Korea will not be eligible to participate. Binance has stated that KYC verification is required for those looking to farm USUAL tokens.
Binance listings on ACT, PNUT, NEIRO, and their trends
Binance also announced the open trading for the ACT/FDUSD, ACT/USDC, NEIRO/USDC, PNUT/BTC, PNUT/FDUSD, and PNUT/USDC trading pairs at 2024-11-15 08:00 (UTC). They explained that their goal is to expand the list of trading choices and to enhance users’ trading experience.
Binance has claimed that the new trading pair(s) are subject to eligibility based on the user’s country or region of residence. In addition, restricted countries may be changed from time to time due to mandatory changes in applicable laws and regulations or other changes relevant to the trading eligibility of the new trading pair(s).
Binance also stated that users need to complete account verification to participate in trading these new trading pair(s).
The AI Prophecy price gained 17.6% in the last 24 hours and rests at $0.7217, with a low of $0.5517 and a high of $0.9198.
Additionally, Peanut the Squirrel’s price witnessed gains worth 20.7% in the last 24 hours and rests at $1.99, with a low of $1.47 and a high of $2.44. This shows that the market is opening up to them.
The response of BNB as the listings take shape
BNB’s price is currently $623, with a 24-hour low of $604 and a high of $658. The coin has seen a 5.5% rise over the last week and a 6.8% gain in the last month. Its 24-hour trading volume stands at $3.3 billion, showing good demand.
Binance has been in most headlines concerning the SECs being on their necks for several months. The founder, CZ, was recently released and came up with a new initiative, Giggle Academy, which is also gaining attention.
Now Binance is relieved, and it’s doing everything in its power to make this time bear fruit, as most investors are optimistic following Trump’s victory.
