Binance Expands Support for SHIB, HBAR, APE and Key Tokens, Rally Ahead?

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As a seasoned cryptocurrency researcher with a knack for spotting trends and navigating the ever-evolving crypto landscape, this latest move by Binance has certainly caught my attention. The addition of trading pairs for Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), Shiba Inu (SHIB), and a host of other intriguing tokens is a testament to Binance’s commitment to fostering innovation and catering to the needs of its diverse user base.

Binance has broadened its cryptocurrency trading options by introducing new pairings and automated trading tools tailored for popular digital currencies. Starting soon on Binance Spot, you’ll find pairings for cryptos like Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other prominent tokens. Moreover, Shiba Inu (SHIB) is being integrated into the platform to improve liquidity and cater to the increasing interest in SHIB.

Binance Boosts SHIB, APE, HBAR, MEME and More Tokens

According to a Binance announcement on November 27th, the cryptocurrency exchange is set to broaden the range of trading options available to its users starting from this coming Friday. New trading pairs to be launched include APE/USDC, BOME/EUR, EIGEN/USDC, HBAR/FDUSD, MEME/USDC, TROY/USDC, and WLD/EUR.

Beginning on November 28th, Binance will introduce Trading Bot services for specific trading pairs, along with Spot Algo Orders for APE/USDC, EIGEN/USDC, HBAR/FDUSD, and Spot Grid and Spot DCA for SHIB/USDC and ZK/FDUSD. Moreover, by November 29th, this prominent cryptocurrency exchange will list additional pairs such as 1MBABYDOGE/USDC, CETUS/USDC, COW/USDC, DYDX/USDC, HMSTR/USDC, and TURBO/USDC.

To stimulate more trades, Binance has introduced a special offer for exchanging US Dollar Coin (USDC) pairs. By trading these newly added USDC pairs, users can tap into a common pool of 100,000 USDC, all while enjoying zero charges on USDC spot trading during the promotion period. This exciting offer has piqued the interest of both individual and institutional investors who are keen to take advantage of this fee-free chance and delve into the new tokens available at Binance.

How Are The Coins Performing?

Over the past day, the price of Shib Inu (SHIB) increased by 4%, currently standing at approximately 0.00002485 USD. Financial analysts are predicting that Shiba Inu might experience a dramatic surge due to the emergence of two uncommon trends in its chart.

While the HBAR price experienced an increase of 8%, peaking at $0.1397, it had a low of $0.12 and a high of $0.14 during the past 24 hours. Simultaneously, ApeCoin (APE) climbed up by 3% and is currently being traded at $1.26.

Memecoins such as BOME and MEME saw increases of 4% and 2% respectively, currently trading at $0.008 and $0.013. On the other hand, EIGEN surged by 14%, now trading at $3.48 following a low of $3.00 and a high of $3.60. Coins like TROY, CETUS, COW, DYDX, HMSTR, and TURBO also experienced gains between 4% to 8%, mirroring the overall market trend.

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2024-11-27 16:10