The most important crypto trade Binance had introduced the itemizing of latest crypto tokens Velodrome Finance and VANA on its platform. These bulletins have began a buzz within the crypto market. Each the tokens witnessed sharp spikes after the announcement. Let’s dive deeper and see what’s making these tasks so thrilling.
Velodrome Joins Binance with Zero Charges
Beginning Friday, December 13, Velodrome (VELODROME) shall be accessible for buying and selling in opposition to USDT on Binance. However what precisely is that this Velodrome Finance? It’s a next-generation decentralized trade (DEX) that serves as a liquidity hub for the superchain ecosystem. In easy phrases, it’s constructed to deal with large-scale liquidity, making it a significant instrument for fast-growing blockchain networks. Binance has even given Velodrome a novel “seed tag” to assist it stand out from comparable tokens. The buying and selling bots and replica buying and selling options shall be accessible inside 24 hours of itemizing.
Simply after the Binance announcement, the worth of Velodrome skyrocketed round 185% to $0.4184 earlier than stabilizing round $0.3272. The hype is actual. This reveals the affect of Binance itemizing within the crypto world.
Vana Launches on Binance Launchpool
Subsequent up is Vana (VANA), Binance’s 62nd Launchpool venture. Vana is an EVM-compatible Layer-1 blockchain token, and beginning December 14, customers can farm it by locking BNB or FDUSD for 2 days. It’s an opportunity to earn VANA tokens simply by collaborating within the Launchpool.
Right here’s what we find out about Vana to this point:
Complete token provide: 120 million
Airdrop rewards: 4.8 million VANA
Preliminary circulating provide: 30,084,000 (about 25% of the overall)
Why a lot buzz? Vana lately raised $25 million in a funding spherical led by Coinbase Ventures, Polychain Capital, and Paradigm. The funds will assist the ecosystem’s progress and reward its tech-savvy neighborhood. It’s clear that Vana’s crew has huge ambitions.
What to Count on Subsequent
The launches of Velodrome and Vana spotlight Binance’s affect in shaping the crypto market. For merchants, these listings convey alternatives to discover revolutionary tasks early. For the broader market, they present how Binance continues to drive pleasure and momentum.
Will these tokens keep their progress? It’s too early to inform. However one factor is evident: each Velodrome and Vana are gaining traction, and the excitement round them isn’t going away anytime quickly.
