Crypto alternate Binance on Monday issued an important announcement on the decentralized Ethereum restaking protocol, EigenLayer (EIGEN). The alternate revealed that it’ll record the digital asset on its platform and start buying and selling shortly forward. Further, with one other distinguished crypto alternate, Coinbase, bolstering the ERC-20 crypto, market sentiments for its future have turned extremely optimistic.
Binance Reveals EigenLayer Listing WIth Seed Tag Applied
According to an official Binance announcement dated September 30, the crypto alternate will record EigenLayer (EIGEN) and start spot buying and selling for particular pairs beginning October 1 at 05:00 UTC. As per the announcement, the brand new spot buying and selling pairs out there for buying and selling will likely be EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY. The announcement clarified that customers can now begin depositing EIGEN in preparation for buying and selling.
Simultaneously, Binance revealed that withdrawals for a similar will start on October 2 at 05:00 UTC. The itemizing price set by the alternate is 0BNB, underscoring efforts to supply a seamless itemizing course of. Also, the announcement notified customers that seed-tag could be utilized to the asset, indicating excessive threat and volatility.
Nonetheless, the itemizing promptly garnered important consideration throughout the broader market. Intriguingly, Coinbase, one other high crypto alternate, earlier revealed that it’s listing EigenLayer, pouring extra optimism on the asset. Altogether, the main crypto exchanges‘ listings have brought substantial investor attention to the ERC-20 token. Crypto market enthusiasts speculate whether the listings could ignite a positive momentum in the coin’s worth forward.
Past Listings Ignite Optimism For ERC-20 Token
Notably, CoinGape Media beforehand reported that Telegram-based Catizen (CATI) price soared remarkably upon its itemizing on Binance. Simultaneously, even REI Network (REI) price gained over 20% with its futures itemizing on the alternate. These previous chronicles collectively ignite appreciable optimism for the abovementioned ERC-20 token’s future actions.
Besides, it’s additionally price mentioning that ZKsync (ZK) price gained notably with Coinbase’s listing announcement just lately. Crypto market merchants proceed to watch EIGEN amid its current listings, anticipating a optimistic outlook forward in mild of previous listings. Nevertheless, it’s additionally price noting that previous performances will not be all the time an indicator of future efficiency throughout the dynamic realm of cryptocurrencies.
Coingape Staff
CoinGape contains an skilled crew of native content material writers and editors working around the clock to cowl information globally and current information as a reality somewhat than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The offered content material could embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.
