Binance Expands Support for LUNC, USTC, LUNA, SHIB Among Other Crypto

Crypto exchange Binance TH, a joint venture between Binance and Gulf Energy, on Saturday announced listing of new trading pairs and existing tokens on new networks. Binance’s Thailand arm to list trending crypto including Terra Classic (LUNC), USTC, Terra (LUNA), Shiba Inu (SHIB), Celestia (TIA), Wormhole (W), Bittensor (TAO), and others.

Binance TH Announces New Crypto Listing

Binance Gulf’s Thailand-based crypto exchange Binance TH said it will add trading pairs on June 11, as per an official announcement on June 8. The crypto exchange added 10 new cryptocurrencies for trading amid push increase users on the new exchange.

Binance TH will list LUNA/USDT, LUNC/USDT, USTC/USDT, TIA/USDT, AR/USDT, TAO/USDT, W/USDT, TRB/USDT, JTO/USDT, and TNSR/USDT pairs. Terra Luna Classic community sees the move another commitment by Binance to LUNC, USTC, and LUNA tokens amid demand from domestic users.

In addition, crypto exchange will also list existing tokens on new networks for trading. Binance TH will list ETH on Base, Arbitrum, and Optimism; USDT on Arbitrum, Optimism, and Avax C-chain; WAVES and SHIB on BSC.

Users can start trading above-mentioned crypto at 2:00 PM local time on June 11, 2024. Interestingly, it comes a day before settlement between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs.

Also Read: Terra Luna Classic Set To Implement Tax2Gas and End LUNC Burn Tax?

LUNC, USTC, SHIB, and Crypto Prices To Surge?

Altcoins’ prices fell after the crypto market selloff in the last 24 hours, dragging the global crypto market cap by more than 3.40% to $2.54 trillion. However, market experts believe prices will rebound soon as inflation cools but

LUNC price fell 10% in the last 24 hours, with the price currently trading at $0.0001064. The 24-hour low and high are $0.0001018 and $0.0001219, respectively. The drop erased sentiment for a new rally as traders anticipated a start of massive rally.

USTC price tumbled more than 12%, with the price changing hands at $0.02145. The selloff pared 22% gains USTC saw in a month.

Meanwhile, SHIB price also dropped over 6% and currently changing hands at $0.00002332. Trading volume in the last 24 hours has increased by more than 80%. However, Shiba Inu is likely to continue rallying after the lull.

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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.

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.