Binance announces listings of AI coins like Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE), triggering sudden price surges.
Binance, a prominent cryptocurrency exchange, has recently disclosed the inclusion of aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE) in its spot market.
After the announcement, the prices of these AI coins experienced a significant increase, with AIXBT surging by 40%, CGPT climbing by 70%, and COOKIE increasing by 56%.
The newly listed tokens’ impact on crypto market trends is underscored by these substantial gains, which demonstrate the robust market interest in it.
Binance Has Announced Listing Of AIXBT, CGPT, COOKIE AI coins
Binance announced on January 10 that it will include three new tokens in its spot market: Virtuals, ChainGPT, and Cookie DAO.
This action serves to bolster the exchange’s ongoing endeavors to broaden its trading capabilities and offer users access to cutting-edge AI projects.
Six trading combinations are included in the new listings: AIXBT/USDC, AIXBT/USDT, CGPT/USDC, CGPT/USDT, COOKIE/USDC, and COOKIE/USDT.
This enables merchants to prepare for active trading, as deposits for these tokens have already been enabled.
The crypto exchange has announced that users will be able to withdraw these AI coins starting on January 11.
It is important to note that these tokens were previously accessible on Binance’s Alpha Market, a feature that was created to assist users in discovering emerging cryptocurrencies and to support early-stage projects.
The platform has also disclosed the integration of Spot Algo Orders for these tokens, which will allow traders to execute automated strategies.
Binance has confirmed that Spot Copy Trading and trading bots will be accessible within 24 hours of the listing.
This will enable users to incorporate these pairings into their portfolios by updating their Spot Copy Trading preferences.
The tokens’ utility in sectors such as AI, data indexing, and crypto market intelligence is anticipated to generate substantial interest in these listings.
This most recent expansion serves as a testament to its dedication to innovation.
Regional Restrictions, Trading Eligibility
Trading for these tokens is subject to regional restrictions, despite the substantial market interest that Binance’s new listings of AIXBT, CGPT, and COOKIE have generated.
The most prominent cryptocurrency exchange maintains that trading these pairings is prohibited for residents of specific countries, such as the United States, Canada, and the Netherlands, and restricted regions such as Crimea, North Korea, and Syria.
These limitations are implemented by regional regulations and exchange trading policies.
In order to engage in trading these tokens, eligible users must also complete account verification.
The platform underscores the significance of complying with local regulations while simultaneously providing global users with access to a variety of trading opportunities.
Price Increase After Binance’s Announcement
The market responded favorably to Binance’s announcement, with the CGPT price experiencing the most significant upward movement, trading at $0.34 and increasing by 70% over the past 24 hours.
The market capitalization of the company was $279 million, and the trading volume reached $96 million. The 24-hour low and high were $0.20 and $0.36, respectively.
The price of COOKIE has increased by 56% and is currently trading at $0.7196. Its trading volume was $78 million, and its market capitalization was $214 million.
Its 24-hour low and high were $0.439 and $0.765, respectively.
The price of AIXBT increased by 40%, currently trading at $0.5773. Its 24-hour trading volume was $141 million, and its market capitalization reached $494 million.
Its low was $0.384 and its high was $0.593.
Binance is currently in the process of incorporating new tokens and combinations into its database to facilitate the trading and investment of a greater number of users.
Recently, Binance has also increased its support for Phala Network (PHA), Steem (STEEM), and Usual (USUAL), thereby demonstrating its dedication to offering a wide range of trading opportunities.
