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Binance To Delist These Crypto in BTC Trading Pairs
Binance exchange announced on Wednesday that it will delist certain crypto assets in BTC margin trading pairs. The changes affect Qtum and Venus margin trading, as well as, Contentos and Frax spot trading. Despite the delisting news, QTUM has risen 8% today and XVS is up 7.5% due to post-election market momentum fueled by Donald Trump’s victory.
Binance Delisting Notice for QTUM, XVS, COS, FXS Traders
According to Binance’s official release, the exchange plans to delist QTUM and XVS from BTC margin trading pairs. This move is part of Binance’s strategy to streamline offerings and enhance platform efficiency. Starting November 7 at 06:00 UTC, isolated margin borrowing for QTUM/BTC and XVS/BTC will be suspended, with full delisting on November 14 at 06:00 UTC.
Positions in both cross and isolated margin pairs will close automatically, with all open orders canceled. To prevent losses, Binance advises users to close their positions early and transfer assets from Margin Wallets to Spot Wallets. This guidance aims to help users navigate the transition smoothly.
While QTUM and XVS are leaving BTC margin trading, both assets will remain available on other non-margin pairs. This keeps options open for users who want to continue trading these assets on Binance. The changes reflect Binance’s ongoing adjustments to meet shifting market demands.
In addition, Binance will delist spot trading pairs COS/BTC and FXS/BTC on November 8 at 03:00 UTC. This decision follows Binance’s routine evaluations to maintain a high-quality trading environment. Factors like low liquidity and trading volume often influence these choices.
Price Movements and Volume Trends Amid Delisting
The recent U.S. election result, with Donald Trump’s victory, has fueled a surge in these coins, reflecting renewed market optimism.
QTUM price is trading at $2.32, witnessing an intraday low of $2.13 and high of $2.32. While QTUM has gained traction in the short term, it’s still down over 3% the past week and 5% over last month. Moreover, the trading volume in the last 24 hours is $31 million and a market cap around $244.5 million.
XVS is also riding the wave, trading at $6.70, with a low of $6.19 and high of $6.70 over the last 24 hours. Its trading volume reached $2.82 million, indicating strong recent interest. Meanwhile, COS trades at $0.0066, and FXS is priced at $1.818, each seeing notable growth today.
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.
After facing recent volatility and liquidations summing up to approximately $350 million, Bitcoin price is now settling at $73,000. With this in mind, investors are searching for potential alternatives that could earn them good profits. In this article, we’ll explore three crypto coins that have the potential for 5000% returns by 2025, including a standout project focused on real-world asset tokenization.
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Toncoin (TON)
Toncoin, the native token of The Open Network (TON), is becoming increasingly popular in the blockchain sector because of its scalable architecture tailored for supporting high-throughput decentralized applications (dApps) and financial services.
Toncoin, valued for its technical architecture and growing integrations, is priced at $4.75, making it user and developer-friendly. Experts anticipate that TON price may hit $250 by 2025, marking a substantial increase of 5000%. Due to the new wallet feature on Telegram, Toncoin is being used more, which could result in increased demand as new dApps are created.
This establishes Toncoin as one of crypto coins to buy as a lucrative investment in the blockchain sector, with the potential for scalable growth.
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Rexas Finance (RXS)
Rexas Finance (RXS), is emerging in the sector with its innovative approach to tokenizing real-world assets (RWA). This service enables investors to buy fractional shares of conventional assets like real estate, thus integrating these investments into the world of blockchain technology.
Currently priced at $0.06, the RWA crypto coins has raised over $5 million during its ongoing presale, with over 100 million tokens bought. Analysts anticipate that $RXS may hit $17 by 2025, marking an impressive increase of more than 5000%.
The upcoming Token Builder and QuickMint Bot will make asset tokenization more efficient, enhancing the appeal of RXS. As DeFi and RWA tokenization gains rising demand, Rexas Finance may see significant growth, making it an appealing choice for individuals seeking to invest in the potential of tokenized assets
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Shiba Inu (SHIB)
Shiba Inu entered the crypto market scene just as a meme token, always referred to as a “Dogecoin Killer’. However, it has grown to a decentralized platform known as ShibaSwap, and has introduced an NFT ecosystem.
Its utility has expanded, gaining increased interest from both institutional and individual investors. Shibarium, a layer-2 solution, enhances transaction scalability and speed, broadening token utility. Its ambitious projects including Defi and ShibaSwap are appealing to investors.
With Shiba Inu price currently at $0.000018, analysts foresee a possible 5000% increase to $0.00035 by 2025. With backing from a strong community and efforts for expansion, SHIB differentiates itself from other crypto coins, presenting an attractive choice for long-term investing.
Conclusion
As we look ahead to 2025, these three crypto coins, Toncoin (TON), Rexas Finance (RXS), and Shiba Inu (SHIB) offer a unique value proposition in the cryptocurrency market, from blockchain infrastructure to real-world asset tokenization and strong community support. By investing now, you may position yourself to capitalize on the next wave of cryptocurrency expansion, and potential for 5000% returns as we move closer to 2025.
Jane Lubale
With over four years of experience in the cryptocurrency, Fintech, blockchain, and Web3 industries, I bring a wealth of knowledge and expertise to every piece I write. Backed by a Masters in Business Administration, my writing combines insightful analysis with a deep understanding of market trends, technological advancements, and regulatory landscapes. Whether crafting engaging articles, informative guides, or thought-provoking analyses, I strive to deliver content that informs, educates, and inspires readers in this rapidly evolving space.
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.
The crypto market, along with Bitcoin, altcoins, as well as meme coins, has noted a strong rally today, amid a flurry of positive market developments. Amid this top crypto market experts shared bullish forecasts for the leading player in the meme coin space, Dogecoin price. Besides, Donald Trump’s victory has also sparked speculations over Elon Musk’s move with his Department Of Government Efficiency (D.O.G.E) under his presidency.
Top Expert Predicts Dogecoin Price To Hit $4
In a recent analysis shared on the X platform, popular crypto market expert Ali Martinez said that the Dogecoin price is poised to hit $4 in the coming days. Besides, he has also fueled speculations with his bold forecast over further robust rallies in the DOGE price.
Notably, Martinez said that with Elon Musk’s backing to the “now” 47th President of the United States, Donald Trump, DOGE is “primed for a wild ride.” He has shared historical trends to support his prediction, which if repeated, could send the meme coin to $4 or over $23.
This bold forecast by the top expert has sparked optimism among market participants over a strong run for one of the top meme coins. Echoing the sentiment, another crypto market expert and veteran trader Peter Brandt said that DOGE is poised to hit a new ATH.
Meanwhile, Brandt, while sharing the bold forecast, also mentioned Elon Musk in his post and said “In Musk We Trust.” It’s worth noting that Elon Musk has been an active fan of Dogecoin and previously, he has mentioned DOGE several times on the social media platforms, sparking its price rally.
Will Elon Musk’s D.O.G.E Target US Fed
The discussions over Elon Musk’s Department of Government Efficiency or D.O.G.E started with Donald Trump previously offering a cabinet seat to Musk if elected. However, later, Trump said that he did not want to be a part of the Cabinet, but wanted to run D.O.G.E, which would focus on Federal cost-cutting.
This move has sparked discussions among market participants, with Elon Musk also sharing a flurry of memes on it. Besides, the short form of the department has caught the eyes of the crypto market enthusiasts, especially the DOGE community, while triggering the Dogecoin price rally.
Meanwhile, recently, Musk also said that he would like ex-Congressman Ron Paul and his expertise beside him in the Department of Government Efficiency, which has fueled market speculations. Paul also agreed to the proposal, which many deem as a move against the US Federal Reserve and its Chair Jerome Powell.
Ron Paul has been an active critic of the US Fed. He has actively voiced against any decision of the US central bank and its spending plans. This also resonates with the billionaire Tesla CEO, who has previously slammed the Fed for delaying interest rate cuts in August this year, a Reuters report showed.
Besides, the recent political focus of Musk has also sparked optimism among market participants. Having said that, it is expected that the billionaire’s D.O.G.E initiative is likely to send the Dogecoin price to its ATH in the coming days.
Notably, DOGE price today advanced 17% and exchanged hands at $0.1991, with its trading volume rocketing 266% to $11.77 billion. The meme coin has touched a 24-hour high of $0.2133, while Dogecoin Futures Open Interest rose 23%, indicating strong market confidence.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
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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