Binance introduced on September 30, 2024 that it’ll checklist the brand new crypto token EigenLayer (EIGEN), including to the notable checklist of cryptocurrency exchanges and including buying and selling help for the Ethereum resacking venture.
In the meantime, the Bitcoin Canine crypto venture – which additionally just lately landed on main exchanges – is attempting to achieve traction available in the market. This comes as merchants speculate in regards to the potential for Binance or different exchanges to checklist 0DOG.
EigenLayer (EIGEN) to checklist on Binance
In its announcement, Binance stated it would add the EigenLayer token (EIGEN) for spot buying and selling on October 1, 2024, beginning at 05:00 UTC. Anticipated buying and selling pairs will probably be towards Bitcoin, USDTm DFUSD and Turkish Lira. Particularly, the buying and selling pairs with the seen tag will probably be EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD and EIGEN/TRY.
As soon as buying and selling begins, Bnance will permit withdrawals beginning at 05:00 UTC on October 2, 2024. Along with Binance, different exchanges including buying and selling help for EigenLayer embody Coinbase and BitMart. Coinbase introduced final week that it had added EigenLayer to its roadmap.
Anticipation throughout the EIGEN neighborhood is excessive as Ethereum's native recalculation token lands on main exchanges. This is because of the truth that the itemizing of EIGEN, particularly on Binance and different world exchanges, contributes to the general visibility and accessibility of the venture.
The surge in demand has typically seen such tokens outperform the broader market, with a number of tokens listed on Binance surpassing BTC in 2024.
EigenLayer might even see such traction, particularly after the venture introduced the lifting of switch restrictions for EIGEN. After months of coin non-transferability following earlier distributions, the tokens will probably be out there for buying and selling from September 30, 2024.
Bitcoin Canine: Will It Be The Subsequent Main Alternate?
One of many largest token launches thus far this 12 months was the difficulty of Bitcoin Canine (0DOG). The venture that pioneered the BRC-20 ICO on Bitcoin achieved a pre-sale of $13.4 million.
Bitcoin Canine' important promoting level was gaming and NFT's shortly solidified in the course of the pre-sale with a give attention to Bitcoin and the rising layer 2 ecosystem.
The plan highlights varied milestones in direction of this objective, together with the launch of 10,000 NFT Ordinals and increasing GameFi's presence by connecting to the favored tap-to-earn economic system.
Bitcoin canines have just lately appeared available on the market, launching on main cryptocurrency exchanges Gate.io, MEXC and Uniswap. However the neighborhood is filled with hypothesis that this P2E-related crypto venture could possibly be listed on Binance and different exchanges.
Is it a very good time to purchase 0DOG?
A number of meme cash and monetized financial cash, together with Catizen, Hamster Kombat, and Canine, have elevated the worth and visibility of the trade attributable to this exercise on the change. Whereas Binance has not indicated that it’ll launch 0DOG, the long-term outlook for the complete house is constructive. This view is that a fantastic venture will entice customers and ultimately prime exchanges.
In the meantime, Bitcoin Canine can also be attracting curiosity after just lately burning 100 million 0DOG.
🐶🫡 You had been barking… We burned 🥵🔥
Dawgz we heard you bark and we burned 100 MILLION #0 DOGS tokens!📈
However that is just the start – keep tuned for extra EXCITING updates!👀
🔗🔥Burn Proof: https://t.co/YgolZgcl7K#Proofofburn #POF pic.twitter.com/wShTJaRgr7
— BitcoinDogsClub (@BitcoinDogsClub) September 25, 2024
There are additionally 2 million 0 DOG rewards. Holders can use the 0DOG-ETH liquidity pool, stake and begin incomes LP tokens. APY began at 1000% and is presently round 440% with farm rewards paid out every day
Forward of a possible worth bounce, the present worth ranges of $0.006 could also be a very good entry level. Nonetheless, 0DOG has been struggling in latest weeks and might even see additional declines. Bitcoin's decline from $66,000 can also be including to the general weak spot.
Study extra about Bitcoin Canine right here.
