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Binance lists IoTeX [IOTX], coin rises 75.27% in 24 hours!

Sarah Rodrigues

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Binance lists IoTeX [IOTX], coin rises 75.27% in 24 hours!
Source: Pxhere

The cryptocurrency exchange platform has recently announced its listing of IoTeX [IOTX]. On 1st June 5:00 AM [UTC], the cryptocurrency will be open for trading with the pairs – IOTX/BTC and IOTX/ETH. The customers and investors can begin depositing IOTX while it prepares for trading.

Over the last month, Binance has listed five coins such as – Theta [THETA], Civic [CVC], Skycoin [SKY], ZenCash [ZEN], and TrueUSD [TUSD]. These tokens have seen a raise since its listing on the platform.

Binance paves the way for the cryptocurrency investors and traders. It was initiated in 2014 and has grown to be one of the largest, multi-language exchange platform. Binance is known to provide fewer fees during transactions and security.

IOTX is rapidly growing in the market of cryptocurrency trading at a price of $0.044 with a market cap value of over $56 million. The coin had a high of $0.048 and low of $0.028 on 1st June, at the circulating supply of over 1, 141 IOTX. It has a total supply of 10 billion IOTX with a volume of $23 million as per CoinMarketCap.

IoTeX aims at “connecting the physical world, block by block”, sourced from their website. The cryptocurrency token and technology which concentrates mainly on privacy and auto- scalability in the blockchain technology. The structure of their blockchain has heterogeneous computing and a scheme of robust and fast Roll-DOoS.

Average Idiot, A crypto-genius on Twitter replied:

“You seem to have become pretty tone deaf to the wants of the crypto community. You seem to be turning into Bittrex 2.0”

Oscar Marcelo Pastra, a Twitter user commented:

“$IOTX Will go up 20% a least from now, check the volume. go go”

Chris Shreeve commented:

“New exchange listings has caused dumps in prices recently for some of my bags… $IOTX is a new holding for me, think it might retrace a little on Kucoin, even with a new listing. Thoughts?”





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Sarah Rodrigues is an intern at AMBCrypto. She is pursuing her English lit, Psychology and Journalism at St. Joseph's College. She researches extensively and writes about Cryptocurrency and Artificial Intelligence. Sarah currently does not hold any value in cryptocurrency.

Altcoins

Binance coin pumps by over 6% in an hour; breaks its all-time high

Namrata Shukla

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Source: Pixabay

On June 20, Binance coin [BNB], a coin ranked seventh on CoinMarketCap, surged by a massive 6.38% over the past hour. The coin also broke its all-time high and was trading at $36.47, at press time.

Source: Trading view

Source: Trading view

At press time, BNB was being traded at $36.47 with a market cap of $5.097 billion. The 24-hour trading volume of the coin was reported to be $571.64 million, as it spiked by 2.35% over the day. Over the past seven days, the coin noted a rise of 2.03% in its price and continued to rise by 6.38% within the hour.

This hike follows Singapore-based cryptocurrency exchange, KuCoin, listing Binance coin [BNB] and Binance announcing the launch of Elrond project on Binance launchpad. Binance funded the sharding-based public blockchain network in a private funding round, as the company closed the round with $1.9 million. It will be the next project supported by Binance launchpad and the token sale will be carried out in a lottery fashion. The token sale is scheduled to begin from June 22, 00:00 AM [UTC].

The coin was highly traded on Binance exchange with BNB/USDT pair and BNB/BTC pair. BNB/USDT took the first place as it noted a 24-hour trading volume of $137 million, followed by BNB/BTC which reported a volume of $126 million. The third position was taken by LBank exchange, which registered a trading volume of $120 million with BNB/USDT pair.





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