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Binance introduced on September 30, 2024 that it’ll listing new crypto token EigenLayer (EIGEN), including to a notable listing of cryptocurrency exchanges including buying and selling help for the Ethereum restaking mission.
In the meantime, crypto mission Bitcoin Canines – which additionally landed on main exchanges just lately – is trying to strengthen available in the market. This comes as merchants speculate on the potential for Binance or different exchanges to listing 0DOG.
EigenLayer (EIGEN) to listing on Binance
In its announcement, Binance mentioned it will likely be including the EigenLayer (EIGEN) token for spot buying and selling on October 1, 2024 beginning at 05:00 UTC. Anticipated buying and selling pairs might be in opposition to Bitcoin, USDTm DFUSD and the Turkish Lira. Particularly, buying and selling pairs with a Tag seen might be EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY.
As soon as buying and selling begins, Bnance will enable withdrawals from 05:00 UTC on October 2, 2024. In addition to Binance, different exchanges including buying and selling help for EigenLayer embrace Coinbase and BitMart. Coinbase introduced it added EigenLayer to its itemizing roadmap final week.
Anticipation throughout the EIGEN neighborhood is excessive because the Ethereum restaking protocol’s native token lands on main exchanges. This is because of the truth that EIGEN itemizing, notably on Binance and different international exchanges, provides to general mission visibility and accessibility.
A surge in demand has typically seen such tokens outperform the broader market, with a number of Binance-listed tokens in 2024 outpacing BTC.
EigenLayer may even see such a traction, particularly after the mission introduced a raise on switch restrictions for EIGEN. After months of non-transferability for the cash following earlier distributions, tokens might be accessible for buying and selling beginning September 30, 2024.
Bitcoin Canines: Is a serious trade itemizing subsequent?
One of many largest token launches of the yr up to now was that of Bitcoin Canines (0DOG). The mission which pioneered the BRC-20 ICO on Bitcoin, stormed to a $13.4 million presale.
Getting traction through the presale with consideration on Bitcoin and the emergent layer 2 ecosystem, Bitcoin Canines’ principal promoting level rapidly cemented round gaming and NFTs.
The roadmap highlights varied milestones in direction of this purpose, together with the launch of 10k Ordinals NFTs and enlargement of its GameFi presence by tapping into the favored tap-to-earn financial system.
Just lately, Bitcoin Canines went dwell available in the market, launching on main cryptocurrency exchanges Gate.io, MEXC and Uniswap. However the neighborhood is rife with hypothesis that this P2E associated crypto mission could possibly be listed on Binance and different exchanges.
Is it a very good time to purchase 0DOG?
A number of meme cash and tap-to-earn financial system cash, together with Catizen, Hamster Kombat and Canines have spiked in worth and trade visibility with such itemizing exercise. Whereas Binance has not indicated it would listing 0DOG, the long-term view throughout the house is constructive. This view is that an incredible mission will appeal to customers and ultimately prime exchanges.
In the meantime, Bitcoin Canines can also be attracting curiosity after its current 100 million 0DOG burn.
🐶🫡 You Barked…We Burnt 🥵🔥
Dawgz we heard you, you barked and we burnt 100 MILLION #0DOG tokens!📈
However that is simply the beginning – keep tuned for extra EXCITING updates!👀
🔗🔥Proof of Burn: https://t.co/YgolZgcl7K#Proofofburn #POF pic.twitter.com/wShTJaRgr7
— BitcoinDogsClub (@BitcoinDogsClub) September 25, 2024
There’s additionally a 2 million 0DOG reward pool. Holders can faucet into the 0DOG-ETH liquidity pool, stake and begin incomes LP tokens. The APY began at 1000% and at present sits round 440% with farming rewards paid day by day
Forward of a possible worth rebound, present worth ranges of $0.006 could also be a very good entry level. Nonetheless, 0DOG has struggled in current weeks and may even see additional declines. Bitcoin’s slip from above $66k additionally provides to the general weak spot.
Be taught extra about Bitcoin Canines right here.