Altcoin
LISTA Price Rallies 13% As Trading Goes Live On Binance & Other Exchanges, Here’s Everything
The price of Lista (LISTA), a liquid staking and decentralized stablecoin protocol, experienced a significant surge of 13% as it debuted on major exchanges including Binance. Initially priced at $0.565, LISTA’s rapid appreciation shows robust market demand and investor confidence in the project. The successful listing on Binance and other platforms signifies a pivotal moment for LISTA, as it expands its reach to a broader audience of cryptocurrency traders and enthusiasts.
Lista’s Strategic Listing Moves and Market Impact
Lista (LISTA), the decentralized stablecoin and liquid staking protocol, recently commenced trading on several prominent cryptocurrency exchanges at an initial price point of $0.565. Leading up to its listing, DWF Labs, identified as a market maker for LISTA DAO, orchestrated a strategic transfer of 10 million LISTA tokens.
This maneuver aimed to bolster liquidity across centralized exchanges (CEXs), ensuring smooth and efficient trading for investors. The token transfers were spread across several major exchanges. Bitget received 2.5 million $LISTA, while Binance got 2 million. MEXC was sent 1.5 million $LISTA. Both Gate.io and KuCoin each received 850,000 $LISTA.
The listing on these major exchanges marks a pivotal milestone for LISTA, enhancing its visibility and adoption within the cryptocurrency community. Investors and market participants will closely monitor LISTA’s performance amidst its initial trading phase, with particular attention on the role of DWF Labs in maintaining market stability and facilitating liquidity.
Also Read: Gamestop vs FLOKI; Which Meme Coin To Buy For High Returns
Current Price and Token Metrics of Lista DAO (LISTA)
The price of the Lista DAO token (LISTA) is currently $0.6806, showing a significant 12.30% increase over the last 24 hours. With a trading volume of $252.9 Milion, LISTA has experienced steady growth in the past week, solidifying its position in the market. Out of a total supply of 230 million LISTA tokens, there are currently 230 million in circulation, giving the protocol a market capitalization of around $156.6 Million.
Developed by an experienced team of smart contract developers, Lista aims to establish lisUSD as a leading decentralized stablecoin by leveraging Proof-of-Stake and yield-bearing assets. With a maximum supply of 1 billion tokens, the project is positioning itself for sustainable growth and community-driven development within the evolving blockchain ecosystem.
Lista DAO operates on a dual-token model, with lisUSD as its decentralized stablecoin and LISTA as the utility token. Compatible across BEP-20 and ERC-20 standards, LISTA enables liquidity provision and yield generation for various cryptocurrencies. The protocol also emphasizes decentralized governance, allowing token holders to propose and vote on future protocol upgrades and changes.
Also Read: Ripple XRP Case Update June 20: “Judge Torres Was Right On XRP”, SEC May Not Appeal
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 Ripple Labs-backed cryptocurrency, XRP, has taken a considerable upside momentum following massive whale and escrow movements today, July 2. On-chain insights streamlined by the tracker Whale Alert illustrate nearly 3 billion XRP shuffled in the past 24 hours, piquing investor interest despite the coin’s price consolidation in recent days.
The massive 3 billion XRP movement involving both escrow and whale transactions has sparked intense speculation about the coin’s future price movements. So, let’s delve deeper into these transactions and XRP’s current market statistics.
Nearly 3Bln XRP Moved: What’s Happening?
According to the insights revealed by the tracker Whale Alert, a series of transactions took place in the past 24 hours, resulting in the reshuffling of 2.93 billion XRP. This colossal move encompassed escrow locks, unlocks, and whale movements.
As per the data, 1 billion XRP, worth $476 million, was unlocked via escrow at two unknown wallets. These addresses were recorded to be rw2hzLZgiQ and rDqGA2Gfve.
Also, 800 million XRP, worth $382 million, was locked in escrow at Ripple.
On the other hand, whale transfers from unknown wallets to Ripple were recorded.
Notably, 1.1 billion XRP was transferred to Ripple, equal to the amount unlocked from escrow. Among these transfers, 500 million coins were shifted by the abovementioned address, rw2hz, whereas 500 million coins were moved by the address rDq. Simultaneously, another unknown address moved 100 million coins to Ripple.
Lastly, it’s worth mentioning that the renowned XRP whale Rzn did not miss dumping today, shifting 30.76 million XRP, worth $14.64 million, to Bitstamp.
Subsequently, XRP price gained a significant upside momentum, garnering substantial investor interest. Earlier this year, pro-XRP lawyer Bill Morgan shared vital insights into these XRP releases, claiming it did not have significant downside pressure on the asset. For context, speculations about Ripple dumping XRP have raised severe investor concerns, although the XRP community denies it.
Also Read: Toncoin Overtakes Dogecoin As TON Price Nears ATH
XRP Price Gains, A 25% Rally Ahead
At press time, XRP price gained 1.40% today to trade at $0.4873. Its 24-hour bottoms and peaks were evaluated as $0.4759 and $0.4877, respectively.
Intriguingly, in a post by the crypto market analyst Captain Faibik on X today, it was pointed out that XRP remains poised for a 25% rally ahead. The analyst proclaimed that the token is on the “CUSP of Falling Wedge Breakout.” Moreover, the RSI is hinting at a bullish divergence, further accompanied by a MACD bullish crossover, he added.
Meanwhile, Coinglass data underscored a market uptrend for XRP as its Futures OI and derivatives volume surged alongside the price. XRP OI jumped 1.19% to $615.98 million, whereas the volume upsurged 25.23% to $739.54 million.
This data collectively paints a bullish portrait of XRP’s future. Also, it’s worth noting that XRP whale movements have spiked considerably as Judge Torres’ final decision looms in the XRP lawsuit, adding an optimistic tint.
Also Read: MiCA Regulation: Circle Execs Reveal How This Will Impact Crypto Market
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.
In a bid to enhance its trading offerings and user experience, Binance, one of the world’s top crypto exchanges, announced the addition of new trading pairs. The exchange will launch new spot trading pairs for Dogwifhat (WIF), zKSync (ZK), and LayerZero (ZRO). Increased adoption by a popular exchange like Binance could also boost the price for these cryptocurrencies.
Binance Lists New Spot Trading Pairs
According to the latest Binance announcement, on Wednesday, July 3, 2024, at 14:00 UTC, the CEX will open trading for the WIF/BRL, ZK/USDC, and ZRO/USDC pairs. This move marks another step in Binance’s ongoing efforts to provide its users with diverse trading options and robust market opportunities. Moreover, the provision of USD Coin (USDC) as the quote currency is also crucial to note here as this comes after Circle bagged the MiCA e-money license.
Furthermore, the inclusion of Brazilian Real (BR as a trading pair is particularly noteworthy. It highlights Binance’s strategy to integrate more fiat currencies, making the platform more accessible to users worldwide. In addition to the new trading pairs, Binance will also enable Trading Bots services for WIF/BRL, ZK/USDC, and ZRO/USDC.
For context, trading bots on Binance are automated systems that allow users to execute trades based on pre-defined strategies. This feature is designed to help traders optimize their trading processes and potentially improve their trading outcomes. Moreover, the availability of Spot Algo Orders for these pairs means users can leverage advanced trading tools to maximize their market engagement.
In addition, to incentivize trading, Binance will offer discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice. This discount aims to lower trading costs for users, thereby encouraging higher trading volumes and liquidity in the market. However, trading these new pairs is subject to regional restrictions and eligibility criteria.
Also Read: Bitcoin Price Slips Below $63K As Entity Dumps $114M BTC To Binance, What’s Next?
Implication On WIF, ZK & ZRO Prices
The addition of WIF, ZK, and ZRO trading pairs is expected to create significant market interest and potential price movements. Moreover, the integration of these assets into Binance’s trading ecosystem provides them with greater visibility and liquidity, which could drive their value up. Market participants will be closely watching the performance of these pairs post-launch to gauge investor sentiment and market dynamics.
Recently, Dogwifhat rebounded from lows and surpassed the $2 mark. At press time, WIF price marked a sideways action, trading at $2.24 on Tuesday, July 2. On the other hand the zKsync crypto plunged 3.26% to $0.1768. However, LayerZero rallied unprecedentedly with over 17% gains, trading at $3.97. Moreover, the latest listing could also propel the ZRO price higher.
Also Read: Binance Rejoices Partial Victory Against SEC As Legal Battle Continues
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.
A Pepe coin whale has again sent tongues wagging across the broader crypto industry today, primarily with its massive PEPE accumulation. On-chain insights revealed that a staggering $1.2 trillion PEPE was bought from the Binance crypto exchange amid Pepe coin’s monthly crash.
Notably, despite a roughly 20% price fall recorded over the past month, the staggering amounts of coins accumulated have ignited optimistic market sentiments over the frog-themed meme coin’s future price action. So, let’s gain a deeper understanding of why.
Colossal Accumulation Glimmers Hope For Future Price Movements
With such massive accumulations coming into the light, the usual market sentiments take an optimistic turn. These accumulations reflect whales’ confidence in the asset’s potential to offer significant gains ahead, sparking hope for the coin’s future.
According to data highlighted by Whale Alert, 1.23 trillion PEPE, worth $14.74 million, was bought from Binance today, June 2. The purchase order was made by the whale address 0x835678a6.
This massive accumulation has reflected a sense of confidence in Pepe coin’s potential to offer gains ahead, as also mentioned above. Meanwhile, the transaction brings additional buying pressure to the digital asset.
Also, it’s worth noting that the whale entered the PEPE market at a $0.000011 price level. On the other hand, the PEPE price shows signs of consolidation today, moving sideways.
Also Read: Terra Luna Classic Delegates Another 30M LUNC To Hexxagon, What’s Happening?
Pepe Coin Market Performance
At press time, the PEPE price gained 0.23% to trade at $0.00001148. Its 24-hour bottoms and tops were recorded as $0.00001133 and $0.0000117, respectively, illustrating signs of consolidation.
Coinglass data further rationalized Pepe coin’s turbulent movement, as its Futures OI surged while derivatives volume noted a significant dip. PEPE OI jumped 7.32% to $142.06 million, whereas its derivatives volume dropped 20.98% to $799.11 million. This data pointed to increased investor interest but reduced market activity, birthing uncertain sentiments on price.
Besides, the RSI moved along 46, underscoring the asset’s neutral stance in the market. Should further buying pressure persist, as in the one mentioned above, Pepe coin could see a significant upside momentum ahead.
Conversely, recent reports by CoinGape Media have spotlighted colossal PEPE whale dumps to exchanges, aligning with its current bearish movement.
Also Read: Binance Rejoices Partial Victory Against SEC As Legal Battle Continues
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.
Australia’s crypto casino ban came into effect last month – but there’s rapid growth in these top 10 countries
XRP Price Gains Amid Massive Escrow & Whale Movements, A 25% Rally Ahead?
BONK Shakes Up Meme Coin Market, Wants Further Gains
Binance Expands Support For WIF, ZK & ZRO, Price Rally Ahead?
What it Means for Crypto
Whale Sacks 1.2 Tln Coins Amid Monthly Crash, Is Price Gearing Up For Rally?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Avalanche (AVAX) Under Pressure: Prolonged Downtrend Next?
Terraform Labs Refuses to Pay $5.3 Billion Fine, Says SEC Has No Evidence
CFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?
10 Years Old Dogecoin Stash Sale Leaves DOGE Owner With Million-Dollar Loss
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Avalanche (AVAX) Under Pressure: Prolonged Downtrend Next?
Terraform Labs Refuses to Pay $5.3 Billion Fine, Says SEC Has No Evidence
CFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?
10 Years Old Dogecoin Stash Sale Leaves DOGE Owner With Million-Dollar Loss
-
Blockchain2 months agoHong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
-
Market3 weeks agoAvalanche (AVAX) Under Pressure: Prolonged Downtrend Next?
-
Regulation2 months agoTerraform Labs Refuses to Pay $5.3 Billion Fine, Says SEC Has No Evidence
-
Regulation2 months agoCFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
-
Altcoin2 weeks ago
Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?
-
Altcoin2 months ago10 Years Old Dogecoin Stash Sale Leaves DOGE Owner With Million-Dollar Loss
-
Altcoin2 months agoBitcoin, ETH, XRP, SHIB Price To Rally After Israel-Hamas Ceasefire Declaration
-
Altcoin2 weeks agoVitalik Buterin Spotlights Innovative Idealist DApps in Web3
✓ Share: