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Binance starts trading a new token; Prices surge higher

Published 06/14/2024, 07:05 AM
© Reuters
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Investing.com - Binance, the largest cryptocurrency exchange in the world, has expanded its trading options by introducing new trading pairs for NOT/USD and WIF/USD. Starting today, Notcoin will be traded against the Brazilian Real (BRL) and Dogwifhat against the Euro (EUR).

Meanwhile, the value of "Notcoin" has surged by up to 16% in the past few hours after the trading pair was listed.

At the time of writing, the token has risen by 10% in the last 24 hours, trading at $0.018. It is among the biggest gainers today, with its market value increasing to $1.84 billion.

The small cryptocurrency also saw a 65% increase in its 24-hour trading volume, reaching $1.26 billion. However, the token is trading 37% below its all-time high of $0.0289, which was reached on June 2.

The new surge in "Notcoin" comes as the global cryptocurrency market returns to the green, with the total market cap now around $2.46 trillion.

Meanwhile, Bitcoin has also seen a slight increase over the past 24 hours, now hovering around $67,814. Ethereum, the second-largest cryptocurrency by market cap, is trading at around $3,500.

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