<p class="is-style-lead">One of the year’s top blockchain and web3 events, Binance Blockchain Week, is set to begin tomorrow, Nov. 8.</p>
<p>Ahead of the event, an X account which often reports on the movement of whales called Lookonchain, shared the prices of five Binance-associated tokens have seen a surge over the past month with double and triple-digit growth.&nbsp;</p>
<p>You might also like: <a href="https://crypto.news/binance-to-list-bitcoin-ordinals-token-ordi/" rel="noopener noreferrer nofollow"> Binance to list Bitcoin Ordinals’ token ORDI </a></p>
<h2 class="wp-block-heading" id="a-look-on-chain">A look on chain</h2>
<p>According to a post on X from Lookonchain, a cryptocurrency on-chain data analysis company, five tokens saw surges, including BNB with an 18% increase, TWT rising by 77%, CAKE soaring 95%, XVS with a 43% uptick, and APX leading the charge with an impressive 178% growth.</p>
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<p>Notable on this list include Trust Wallet (TWT), a mobile cryptocurrency wallet that Binance acquired in 2018 that is now seeing a price resurgence ahead of its launch, and Pancake Swap, a decentralized exchange built on the Binance Smart Chain that boasts $1.484 billion in TVL.</p>
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   <p lang="en" dir="ltr">1/ As <a href="https://twitter.com/hashtag/BinanceBlockchainWeek?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BinanceBlockchainWeek</a> approaches, the price of Binance-related tokens has surged over the past month.<a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BNB</a> 📈 18%.<a href="https://twitter.com/search?q=%24TWT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TWT</a> 📈 77%.<a href="https://twitter.com/search?q=%24CAKE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$CAKE</a> 📈 95%.<a href="https://twitter.com/search?q=%24XVS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XVS</a> 📈 43%.<a href="https://twitter.com/search?q=%24APX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$APX</a> 📈 178%.<br><br>What are these tokens?<br><br>Who is buying these tokens? <a href="https://t.co/eViRqbwDQ2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/eViRqbwDQ2</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1721793075549516167?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 7, 2023</a>
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<p>Lookonchain also highlighted notable purchasers, including wallet 0x8945, which withdrew 1 million TWT&nbsp;or $1.63 million when the price of the token was $1.22.&nbsp;</p>
<p>As a result, data released by <a href="https://crypto.news/research-reveals-binances-shrinking-market-share-in-cexs/" data-type="link" data-id="https://crypto.news/research-reveals-binances-shrinking-market-share-in-cexs/" rel="noopener noreferrer nofollow">0xScope</a> on Nov. 6 showed the world’s largest cryptocurrency exchange by market cap was facing a decreasing market share, where it currently sits at 51.2%, following a 10% decrease in trading volume.</p>
<p>Read more: <a href="https://crypto.news/research-reveals-binances-shrinking-market-share-in-cexs/" rel="noopener noreferrer nofollow"> Research reveals Binance’s shrinking market share in CEXs </a></p>

Binance-related tokens see price surge ahead of blockchain week

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