As a researcher with a background in cryptocurrencies and financial markets, I’m excited about Binance’s recent announcement to expand support for several key cryptocurrencies, including Shiba Inu (SHIB), TerraClassicUSD (USTC), and SingularityNET (AGIX). This decision is likely to increase market liquidity and improve trading experience for these assets.
Binance, the leading global crypto exchange, is broadening its scope to accommodate prominent digital currencies such as SingularityNET (AGIX), Shiba Inu (SHIB), TerraClassicUSD (USTC), and more. Noteworthy, Binance intends to fine-tune the pricing increment for popular trading pairs by next week to enhance market fluidity and optimize user trading experiences.
Binance Expands Support For SHIB, USTC, AGIX
According to a recent statement from Binance, starting May 23, 05:00 UTC, the cryptocurrency exchange will make adjustments to the tick size for certain listed digital assets via API. This change is being implemented to enhance market liquidity and provide a more seamless trading experience for users.
As a crypto investor, I can tell you that the upcoming tick size adjustment won’t alter my current open market orders. Once the new tick size takes effect, any trades executed prior to the change will continue to be matched using the initial tick size.
As a researcher studying the trading landscape of various cryptocurrency pairs, I would note that the tick sizes for the following markets have been adjusted: AGIX/FDUSD, AGIX/TRY, AGIX/USDT, ALT/BNB, ALT/FDUSD, ALT/TRY, ALT/USDC, ALT/USDT, ARKM/BNB, ARKM/FDUSD, ARKM/TRY, ARKM/TUSD, ARKM/USDT, EDU/USDT, FET/FDUSD, FET/TRY, and FET/USDC, USDT. In simpler terms, the minimum price increment for these specific trading pairs has been changed.
As a crypto investor, I would explain it like this: The tick sizes for the following pairs have been adjusted: ID/TRY, ID/USDT, REN/USDT, SHIB/TRY, STX/FDUSD, STX/TRY, STX/USDC, STX/USDT, TRX/TRY, TRX/XRP, USTC/FDUSD, USTC/TRY, USTC/USDT, VANRY/USDT, XAI/BNB, and XAI/TRY. This means that the minimum price increment for each of these trading pairs has been changed.
SHIB, USTC, AGIX Saw Price Increase
As an analyst, I’ve observed a noteworthy surge in SHIB‘s price over the past week, with a significant leap of 12% within this timeframe. Currently, the token is priced at $0.000025. In the last 24 hours alone, there was a moderate increase of approximately 2%. The range between the lowest and highest prices during this period was quite narrow, with the low being recorded at $0.0000242 and the high reached at $0.0000253. However, it’s important to note that trading volume has experienced a substantial decrease of around 50% in the last 24 hours.
Over the past 24 hours, USTC‘s price has risen by more than 4%, reaching a current value of $0.02244. The lowest price within this timeframe was $0.02157, while the highest price reached $0.02283.
Over the last 24 hours, AGIX‘s value has risen by 7%. At present, its price hovers around $0.980. The day’s lowest price was recorded at $0.912, while the highest was reached at $0.989.
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2024-05-17 23:14