Altcoin
COW And CETUS Prices Rocket After Binance Listing, Will The Rally Sustain?
In a bid to boost optimism, crypto exchange giant Binance on Tuesday announced listings for CoW Protocol and Cetus Protocol, garnering attention across the crypto landscape. Notably, as the exchange revealed listing for the mentioned tokens, their prices skyrocketed 82% and 60%, sparking market optimism globally. Meanwhile, traders also reacted positively to the listing announcement, as the tokens’ trading volumes surged 2058% and 812%, respectively.
Binance Lists COW & CETUS Igniting Market Optimism
In an official Binance announcement dated November 6, the crypto exchange giant revealed that it is listing the 2 cryptocurrencies today at 12:00 UTC. As per the announcement, users can start trading the pairs COW/USDT and CETUS/USDT starting today.
Notably, withdrawals for the same tokens are to commence starting November 7 at 12:00 UTC. Further, the listing fee set by the exchange was at 0 BNB, underscoring the leading exchange’s efforts to support the mentioned coins. The smart contract address for CoW Protocol remains 0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB (Ethereum). Moreover, the smart contract address for the other token remains 0x6864a6f921804860930db6ddbe2e16acdf8504495ea7481637a1c8b9a8fe54b::cetus::CETUS (Sui).
Also, the top crypto exchange revealed that the seed tag will be applied to the mentioned cryptocurrencies, underscoring high-risk assets. The announcement also revealed that Trading Bots & Spot Copy trading services will be enabled for the mentioned cryptos within 24 hours of their listing on the spot trading platform.
How Are The Coins Performing?
Overall, Binance’s listing announcement propelled a bullish trajectory in the prices of the mentioned coins. At press time, COW price soared nearly 82.5% to reach $0.4364. Its intraday low and high were $0.2489 and $0.2893, respectively. The coin’s 24-hour trading volume soared 2058% to $8.62 million today.
Simultaneously, CETUS price noted a 60% uptick in value to reach $0.3106. Its intraday low and high were $0.174 and $0.241, respectively. The coin’s 24-hour trading volume upsurged 812% to $116.53 million. This pumping movement also aligns with the abovementioned listing announcement. However, market enthusiasts are currently contemplating whether the crypto tokens could sustain an upward trend.
Notably, in a similar chronicle, POPCAT price soared nearly 25% on November 6 after the same crypto exchange expanded support for the token on November 5, reaching $1.58. Moreover, even MEW price soared nearly 12% after the exchange expanded trade offerings for the token recently, reaching $0.009459. These past chronicles sparked substantial optimism over the two coins listed today, with investors bullish on price ahead.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Binance, the largest crypto exchange by trading volume, announced plans to list Cow Protocol (COW) and Cetus Protocol (CETUS) tokens. It will open trading for a select list of spot trading pairs.
Of note, accessibility to these tokens for trading on Binance is subject to eligibility based on the user’s country or region of residence.
Binance New Listings: COW and CETUS
Traders will be able to trade COW and CETUS against USDT starting Wednesday, November 6, at 12:00 UTC. Before then, however, COW and CETUS holders can already deposit the token in preparation for trading, with withdrawals available starting Thursday.
Binance’s new listings, COW and CETUS, will be at zero fees, meaning users can trade the token on the platform without incurring any trading fees. This is a promotional strategy among exchanges, often used to attract more users.
Read more: Binance Review 2024: Is It the Right Crypto Exchange for You?
Nevertheless, the exchange articulated that it would apply a seed tag. This is a special identifier that helps distinguish COW and CETUS from other tokens. It is a precaution given the relative newness of the new Binance listings in the market, making them subject to higher-than-normal risk and, therefore, volatility.
COW is the native token for Cow Protocol, a decentralized finance (DeFi) solution using batch auctions, P2P trades, and solvers to find the best possible exchange rates for users. Meanwhile, CETUS powers the Cetus Protocol, a MOVE-based liquidity protocol enabling swap, earn, and build on Layer-1 blockchain, Sui.
GeckoTerminal shows COW and CETUS tokens are already soaring. In a typical “buy the rumor” situation, they are up between 55% and 80%.
The listing of COW and CETUS tokens on Binance highlights the exchange’s commitment to supporting and promoting blockchain projects. By providing a platform for these tokens to reach a wider audience, Binance is facilitating greater adoption and growth within the cryptocurrency ecosystem.
The move is part of Binance’s continuous efforts to diversify its offerings. It also progressively provides its users with access to novel projects in the blockchain space. Token holders will benefit from increased liquidity.
Traders and investors can expect a surge in trading activity and interest following the listing of Cow Protocol and Cetus Protocol tokens on Binance. Nevertheless, as they gear up to start trading COW and CETUS, it is important to exercise caution. Market participants must conduct thorough research and practice proper risk management strategies.
Read more: How To Trade Crypto on Binance Futures: Everything You Need To Know
The volatile nature of the cryptocurrency market means that prices can fluctuate rapidly. Traders should brace for sudden price swings.
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Ripple CEO Brad Garlinghouse joins the crypto community to celebrate crypto candidates’ victory and Donald Trump’s win in the 2024 presidential election. This has set the stage for crypto regulatory clarity, stablecoin regulation, Operation Choke Point 2.0 end, and the conclusion of US SEC attacks against crypto including the Ripple vs SEC lawsuit.
Ripple CEO Brad Garlinghouse Celebrates ‘Crypto Voter’ Win
Brad Garlinghouse, CEO of Ripple Labs, took to X on US election day November 5 to celebrate the victory of crypto. The underestimated crypto voter block emerged victorious in the US elections as crypto-supporting candidates in both Republican and Democratic parties mostly won.
“To everyone who doubted it: the crypto voter is here to stay, loud and clear!” said Ripple CEO. He congratulated crypto candidates Bernie Moreno, Ritchie Torres, Kirsten Gillibrand and Andy Barr on the win.
Crypto community including Coinbase CEO Brian Armstrong noted that Bernie Moreno’s win kicked out crypto enemy number 2 in the Senate, Sherrod Brown, in Ohio.
@berniemoreno understands that crypto is an important part of America’s future. Bernie and the crypto owners who helped him secure this win understand how everyone can benefit from crypto and are willing to fight for it. Welcome to America’s most pro-crypto Congress ever…
— Brian Armstrong (@brian_armstrong) November 6, 2024
The emergence of crypto as a significant political issue influenced voting behavior in this US election. Ripple CEO noted that the victory of Bernie Moreno, Tim Sheehy, Ritchie Torres, Kirsten Gillibrand, and other pro-crypto candidates signaled a shift in political priorities.
However, the defeat of pro-XRP candidate John Deaton against Senator Elizabeth Warren was the only sad news for the crypto community.
How Will US Election Result Impact Ripple Vs SEC Lawsuit?
The re-election of Donald Trump and pro-crypto candidates will help fuel crypto and Bitcoin adoption. During the election campaigns, Donald Trump promised to fire SEC Chair Gary Gensler. The securities regulator without Gensler may soon end the Ripple vs SEC lawsuit and bring crypto regulatory clarity.
Coinbase CLO Paul Grewal hinted that the crypto win will help end legal attacks against crypto. He said, “I’m going to guess that at least a couple of Supreme Court Justices now feel free to make retirement plans.”
The bipartisan appeal of crypto policies as the crypto voter isn’t confined to one political party now. Republican Party is near to taking the majority in the US Congress, as per New York Times data.
Recently, Ripple CEO Brad Garlinghouse shared good news that institutional interest in XRP products continues to rise while the US SEC loses credibility and reputation. This indicates that the XRP ETF launch is imminent.
In the latest development in the XRP lawsuit, the 2nd Circuit Court of Appeals granted the US SEC an order to file its opening brief by January 15, 2025.
Meanwhile, XRP price climbed 3% in the last 24 hours, with the price now trading at $0.528. The 24-hour low and high are $0.506 and $0.541, respectively. Top crypto experts predicted XRP price to hit $1.10, before a massive breakout to over $6 and beyond.
Varinder Singh
Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
XRP Price Prediction: 2025 To Be Bullish With 450% Rise, ETFSwap (ETFS) To Rally 14,000% To New ATHs
As cryptocurrency trends point to a bullish year in 2025, investors are paying close attention to the XRP price and another fast-rising altcoin, ETFSwap (ETFS). Predictions for the XRP price show a projected increase of up to 450%, while ETFSwap (ETFS) could potentially rally 14,000% to reach new all-time highs.
ETFSwap (ETFS): Innovative DeFi Platform With Powerful Features
ETFSwap (ETFS) has emerged as a game-changer in the DeFi space, presenting users with several high-value features. Central to its appeal is its user-friendly interface, making the DeFi experience easy for everyone, from novice traders to seasoned investors. This interface guarantees that users can use the platform with minimal complexity, thereby making ETFSwap (ETFS) accessible and enjoyable.
In addition, ETFSwap (ETFS) is fully DeFi-oriented, enabling users to swap other cryptocurrencies in a decentralized way, enhancing both transparency and user control. With ETFSwap (ETFS), users can swap assets with ease, bypassing traditional financial systems entirely.
ETFSwap (ETFS) will give users access to various ETF staking pools to earn passive income. ETFSwap (ETFS) has also promised a live price tracker in the AI-powered ETF Tracker. This tool will trail the prices of popular ETFs in real-time, assisting users to take every trading opportunity that presents itself. Similarly, the flexibility the ETF tracker affords will help users perform more efficient risk management as they can adjust or close their open positions in response to adverse market dynamics.
ETFSwap (ETFS) will also feature an advanced AI-driven ETF Screener. This AI-driven ETF tool allows investors to analyze ETF performance in real time, and makes recommendations based on market sentiment, trends and pattern recognition so users can make better investment decisions.
Adding to its appeal, ETFSwap (ETFS) plans to launch its own ETF by 2025, allowing users to invest in a crypto ETF tailored to meet the demands of modern investors. The platform’s credibility is further strengthened by a security audit from Cyberscope, which has verified ETFSwap (ETFS)’s commitment to maintaining a secure and transparent environment. This audit reflects the platform’s focus on safeguarding assets and upholding trust within the community.
XRP Price Prediction: Bullish Prospects For 2025 With 450% Growth
The XRP price forecast for 2025 remains highly optimistic, with industry experts projecting a remarkable 450% increase from the current XRP price of $0.5243. Experts believe that Ripple (XRP) could trade between $3 and $5, making it one of the top-performing cryptocurrencies in this cycle. As a token with established utility in cross-border payments, the XRP price is well-positioned to benefit from growing interest in digital currencies. Ripple’s (XRP) strategic focus on partnerships has further boosted the XRP price level in global finance, with leading institutions increasingly adopting Ripple’s (XRP) blockchain technology.
The anticipated improved adoption facilitates efficient, cross-border transactions positions Ripple (XRP) as a reliable choice for those looking to benefit from both stability and strong growth potential in the crypto market. As investor confidence builds around Ripple (XRP), it is projected that the XRP price will move toward new highs, making it an attractive asset for long-term investment.
ETFSwap (ETFS) To Set New ATHs With 14,000% Rally
While Ripple (XRP) continues to grow as a leader in the payments industry, and the XRP price targets a 450% rise, ETFSwap (ETFS) is paving the way for new possibilities in DeFi and ETF investing. Top analysts predict that the surging interest in the ERC-20 token will trigger its surge by 14,000%. They especially expect the demand that its upcoming beta platform launch will create to explode the token’s value tremendously, frequently setting new ATHs next year.
Don’t miss your chance to join the presale of ETFSwap (ETFS) for $0.05769 and access a groundbreaking platform that combines advanced ETF tools with the freedom of a fully DeFi ecosystem. Take action now and be part of the next big movement in crypto!
For more information about the ETFS Presale:
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