Binance Adds New USDC Trading Pairs to These Four Tokens; Details

Leading crypto exchange, Binance, has announced the addition of new USDC trading pairs for four popular tokens including FET, FLOKI, NOT, and ZRO. This latest update aims to extend the platform’s offerings and attract new global traders. Moreover, the news has sent excitement across the market as an announcement from a major exchange like Binance has the potential to impact the price movement of the coins.

Notably, this comes barely 24 hours after the exchange informed the public that it would delist four coins, BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS), that failed to meet criteria and industry standards.

Binance Introduces USDC Pairs for FET, FLOKI, NOT, and ZRO

The largest crypto exchange by trade volume, Binance, in a general announcement, stated that it will add new USDC trading pairs for Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO) effective immediately. It also revealed that the new trading pairs FET/USDC, FLOKI/USDC, NOT/USDC, and ZRO/USDC will be available on both Cross and Isolated Margins.

To enhance users’ trading experience, Binance said that it conducts regular reviews to expand the list of trading choices available on its platform. This strategy allows users to easily diversify their portfolio while properly spreading trading risks across several assets. Also, Binance’s strategic support expansion for these four tokens comes at a time when they are trending and gaining momentum among investors. As these tokens’ user base grows, Binance looks to capture a fair share of the market by attracting investors to the platform with its robust trading pair offerings.

What’s Next for These Tokens?

In retrospect, major support announcements from top crypto exchanges often impact the price trajectory of listed tokens. The case of FET, FLOKI, NOT, and ZRO might not be different given that they have already garnered significant attention before now.

Meanwhile, Fetch.ai, one of the three merged tokens in ASI, has experienced a price drop in the last 24 hours. According to CoinMarketCap data, FET is currently trading at $1.16, representing a 3.74% drop over the last day. its trading volume has also plummeted by 26.26% to $117.6 million.

FLOKI, the sixth-largest memecoin by trade volume has also seen a price drop in the last 24 hours. Specifically, FLOKI has dropped by 1.04%, changing hands at $0.000142. However, the trading volume in one day has spiked by 5.59% to $240.3 million.

Trending altcoin, Notcoin (NOT), has recorded the most losses among the four coins. Over the last day, NOT has plummeted by 8.33% to $0.015 per coin. Similarly, its trading volume in the last 24 hours has crashed by 45% to $655 million with a live market cap of $1.59 billion.

Lastly, LayerZero (ZRO) has also followed the steps of the other three coins. ZRO has dropped 1.85% to change hands at $3.81. Following this, its one-day trading volume has declined significantly by 37.9% to $331 million. While investors are hoping for an impact from the recent Binance announcement, it will be interesting to see how the prices of these tokens react in the short term.