Altcoin
Binance Unveils Major Backing For MKR, EPIC, & These 3 Crypto, What’s Happening?

Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead. In an upshot, crypto traders and investors anticipate whether the enhanced market support on one of the top exchanges could propel a price rally ahead.
Binance Expands Trade Offerings For MKR, EPIC, & These 3 Crypto
An official announcement on March 17 conveyed that the crypto exchange would open trading for five new pairs soon. Starting March 18 at 08:00 UTC, traders and investors remain poised to enjoy the following trading pairs on the platform:
New Trading Pairs Available On Binance Spot
- DF/USDC
- EPIC/USDC
- GMX/USDC
- MKR/USDC
- RPL/USDC
What More Services Will Launch Ahead?
Simultaneously, the leading cryptocurrency exchange will commence ‘Trading Bots’ services for the abovementioned pairs on the same date and time. Spot Algo orders for these tokens will also be accepted starting at the same time duration.
Why The Enhanced Trade Offerings?
Binance revealed in its announcement that the decision comes to expand users’ trade offerings. The crypto exchange forges ahead with its mission to offer traders emerging market opportunities in the best way possible.
While this mover is poised to enhance users’ trading experience, the top crypto exchange continues to cement its global ranking, magnetizing market participants with improved offerings. “Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice,” the announcement added.
Here’s The Twist
However, Binance underlined a list of countries where it will not launch these offerings. These regions are:
- Canada
- Cuba
- Crimea Region
- Iran
- Netherlands
- North Korea
- Syria
- United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands).
- Any non-government-controlled areas of Ukraine.
The exchange may update this list periodically, subject to legal, regulatory, or other changes ahead.
Why Is The Binance Announcement Bullish For Tokens?
For context, new spot listings on crypto exchange giants pave the way for increased investor interaction with the assets. As a result, market sentiments turn bullish as a potential money influx in coins awaits.
Historically, spot listings on the same exchange have proved bullish news for the crypto community. Notably, another hot market buzz, Pi Network (PI), is speculated to be listed on the same CEX shortly. As an upshot, traders and investors eye price gains in the asset ahead. Similarly, the abovementioned tokens also remain optimistically eyed by investors amid new listings.
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
Canary Capital Files S-1 For SUI ETF With US SEC

Asset manager Canary Capital has filed the S-1 form for its SUI ETF with the US Securities and Exchange Commission (SEC). This comes just a week after the firm filed in Delaware to incorporate the fund.
Canary Capital Files For SUI ETF With US SEC
In an X post, Bloomberg analyst Eric Balchunas revealed that Canary Capital has just filed the S-1 form for its SUI ETF with the US SEC. This filing comes just after the asset manager filed to incorporate the fund in Delaware a week ago. This provides a bullish outlook for the SUI price, which is already eyeing a rally to as high as $7, which will mark a new ATH for the crypto.
Canary Capital becomes the first asset manager to file for a fund that will provide institutional investors access to SUI. Meanwhile, the firm already filed to offer an XRP, Hedera, and Solana ETFs. Last week, the asset manager filed an S-1 with the SEC to launch an ETF tracking Axelar’s AXL token.
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
GT’s Comeback Journey Amid the Crypto Winter

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.
In the cryptocurrency market, volatility and uncertainty are the norm. Recently, the overall market has been on a downward trend. Bitcoin (BTC) dropped by 15% over the past 90 days, and among the top 100 tokens by market cap, only 17 achieved positive returns.
Amid this environment, GateToken (GT) defied the trend with a 65% surge, emerging as one of the few tokens to register significant growth. This phenomenon has drawn widespread market attention and offered a fresh perspective on the evolution of the crypto space.
GT’s performance isn’t an isolated case but rather the result of a confluence of factors. This article will provide an in-depth analysis of GT’s rise in the face of market adversity, examining its underlying technology, ecosystem, and market strategies, as well as comparing it to other mainstream exchange tokens to offer valuable insights for both investors and industry professionals.
Mainstream Assets Plunge: BTC Drops 15%
Against this overall market decline, GT has stood out. According to CoinMarketCap, GT surged by as much as 65% over the past 90 days, ranking among the top 10 tokens in the top 100 by market cap.
The data further highlights GT’s impressive performance over the past year. Its annual gain exceeded 300%, breaking through $17.699 in December 2024 with a 24-hour increase of 20.1%. In January 2025, GT hit a high of $25.960, and its total circulating market cap surpassed $2.5 billion. As of March 2025, GT’s price has been trading between $21.3 and $22.5, with a nearly 60-day gain of 11.44%, underscoring its robust market performance.
Navigating a Volatile Market: GT’s Resilience Stands Out
Market cycles of bull and bear trends are the norm in crypto, yet few assets manage to maintain stability amid such turbulence. Over the past year, GT has demonstrated remarkable resilience, a key characteristic of its market performance. This resilience is reflected not only in its price stability but also in its sustained trading activity and growing volume.
From a technical perspective, the GateChain network completed its v1.1.6 mainnet upgrade in August 2024. The new gas mechanism and burn strategy have laid the foundation for the ecosystem’s steady growth. The enhanced gas-burning mechanism further reduces the total supply of GT, increasing its scarcity and value potential. These technological innovations and optimizations create an efficient and reliable deflationary environment, providing strong technical support for GT’s long-term development.
On the market side, GT’s resilience is also driven by its extensive utility within the ecosystem. It plays a crucial role in trading fee discounts, VIP privileges, staking rewards, and on-chain governance, ensuring consistent market demand. These diverse applications enhance GT’s market value, allowing it to maintain strong trading activity and volume even amid market fluctuations.
Ecosystem Empowerment Fuels Global User Growth
The development of a robust ecosystem is a key indicator of a project’s future potential, and GT has excelled in this area. By rapidly launching innovative products and services, GT has accelerated user adoption and driven substantial growth. As of March 2025, Gate.io’s global user base has surpassed 21 million.
Moreover, by the fourth quarter of 2024, the Gate Web3 ecosystem had significantly enhanced its multi-chain support capabilities through continuous iterations, expanding to 199 public chains and adding over 54 million new addresses. As more applications and public chains integrate, GT is poised to play an increasingly vital role across the entire ecosystem.
Recent announcements indicate that GateChain plans to continually upgrade core functionalities, including DApp development, and expand its Web3 ecosystem to encompass wallets, trading, earn, NFTs, and meme tokens. This ongoing ecosystem empowerment is expected to significantly enhance GT’s value, attract more potential users, and provide richer application scenarios and investment opportunities.
Estimate Recovery: Robust Scarcity and Market Confidence
Beyond that, estimate recovery is a key indicator of a project’s market acceptance. GT’s performance in this area is also impressive. With an innovative and ongoing burn mechanism, the circulating supply of GT has steadily declined, markedly increasing its scarcity.
As the Utility Token and Gas Fee Payment Token on GateChain, GT underpins the network’s core transfer system. Since GateChain went live in 2019, GT has been continuously burned, reducing its total supply by approximately 60% from the initial 300 million tokens.
Recent data reveals that in Q4 2024, GT completed an on-chain burn, with 2,904,885.4321514 tokens destroyed, valued at over $63.9 million. To date, a total of 177 million GT tokens have been burned, positioning it as a leader in burn scale within the industry.
In terms of market capitalization, GT has seen significant improvements in both value and ranking over the past two years. In early 2024, GT’s market cap was under $1 billion; by March 2025, it had surged past $2.6 billion, securing a spot among the top 50 cryptocurrencies globally. Currently, GT boasts a market cap of $2.68 billion, ranking 46th.
GT Quietly Breaks Through Amid Fierce Battles with BNB and OKB
In the cryptocurrency market, GT faces intense competition from seasoned heavyweights such as BNB and OKB. A comparative analysis reveals GT’s survival strategies and development potential as it goes head-to-head with these industry leaders.
Focusing on Core Innovation, GT Has Cracked the Code
GT’s success is largely due to its agile innovation strategy. By rapidly expanding into emerging markets and continuously launching new products and services that meet market demand, GT has swiftly seized market opportunities. This innovative approach not only enhances its competitive edge but also provides a valuable time window in its battle against established players.
In practice, GT’s innovation isn’t limited to technological advancements. It also lies in its sharp market insights and quick responsiveness. This ability enables GT to adapt rapidly to market changes, capture significant market share in a short period, and successfully establish its competitive advantage.
Leveraging Ecosystem Integration, BNB Focuses on Steady Growth
In contrast, legacy players like BNB and OKB solidify their market positions through robust ecosystem integration. By forging close partnerships with multiple collaborators and platforms, BNB achieves synergistic growth across various sectors, thereby boosting its overall competitiveness.
Regarding token burn mechanisms, GT currently has a circulating supply of 96 million tokens and a burn rate of 58.06%. This represents the highest burn rate, lowest circulating supply, and most pronounced scarcity among its peers. Meanwhile, BNB employs a relatively conservative burn strategy; however, its market cap remains impressive, exceeding GT’s by more than tenfold and placing it in the fifth position.
Sticking to a Long-Term Vision, Exchange Tokens Thrive
The meteoric rise of GT in the cryptocurrency market is no accident. It’s the inevitable result of multiple converging factors. Its outperformance during market downturns can be attributed to robust resilience, efficient ecosystem empowerment, and ongoing estimate recovery. Through dynamic competition with established industry players, GT has broken through the market by leveraging agile innovation strategies and unique competitive advantages.
As the crypto market and Web3 ecosystem continue to expand, tokens such as BNB, OKB, and GT are poised to play increasingly significant roles, capturing greater market share and earning enhanced user trust. In the ever-evolving crypto landscape, exchange tokens have consistently been a promising avenue for industry growth. However, market uncertainty remains, and their future paths still face numerous challenges.
Disclaimer: The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement.
Disclaimer
This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Altcoin
MUBARAK Coin Price Soars 22% Amid This Binance Announcement, What’s Next?

MUBARAK coin emerged as the latest hot buzz of the crypto sector, securing a prominent mark on traders’ and investors’ radars amid Binance founder CZ’s involvement in the meme coin. CZ recently hinted that he is Mubarak, a shilling cryptic move that sent shockwaves across the meme crypto industry. Now, with the crypto exchange titan itself revealing plans to launch a perpetual contract for the token, market sentiments over the crypto’s price prospects have turned highly bullish.
Notably, MUBARAK price is currently up 22% intraday in the wake of Changpeng Zhao spotlighting the token, further escorted by the CEX’s futures listing.
Mubarak Coin Gains Traction As It Secures Binance Listing
According to an official announcement dated March 17, Binance futures is launching a MUBARAKUSDT perpetual contract today at 13:30 UTC. The platform’s colossal user base remains primed to enjoy up to 25x leverage trading the new token.
This announcement by one of the top crypto exchanges ignited optimistic waves, paving the way for further investor interaction with the new asset. As market participants look to capitalize on emerging opportunities, a gush of money inflow into this meme token remains anticipated.
In turn, bullish market sentiments about MUBARAK coin’s price prevail across the broader market.
Is Binance’s CZ Mubarak?
CoinMarketCap’s data about this new token reveals that “CZ just subtly acknowledged that he’s Mubarak,” a cryptic move that sparked market discussions globally. On the other hand, a recent CoinGape report spotlights that CZ also bought $600 worth of the new meme coin, sparking a market frenzy.
When coupled with Binance’s futures listing, these developments add an extra layer of market optimism to the new token.
What’s More In The Listing Announcement?
Apart from enhanced trading support for MUBARAK coin, the crypto exchange behemoth unveiled Bubblemap’s (BMTUSDT) perpetual contract with up to 25x leverage. This announcement triggered 43% gains in the asset, reaching $0.1289, as indicated by the intraday trading chart.
MUBARAK Price Surges Over 20%
As of press time, MUBARAK price witnessed a 22% pump and exchanged hands at $0.09902. Notably, the coin hit an intraday peak of $0.1458, which was in sync with Binance’s announcement. Further, traders reacted positively to the abovementioned developments, as signaled by a 120% increase in the asset’s intraday trading volume to $165.45 million.
More Support From Binance?
Simultaneously, it’s noteworthy that in a previous announcement on Binance Alpha, the crypto exchange revealed support for the Mubarak coin. Binance Alpha is a platform featuring tokens that can be potentially considered for listings on the exchange moving ahead.
Overall, traders and investors anticipate potential gains in this newly launched token amid rising market demand and interest.
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.
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