Token

Ronin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/binance-adds-gaming-focused-ronin-blockchains-native-token-ronin/" data-wpel-link="internal">Binance Adds Gaming-Focused Ronin Blockchain’s Native Token RONIN</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/multichain-protocol-falls-prey-to-massive-cyber-theft-millions-at-stake/" data-wpel-link="internal">Binance</a></strong>, recently announced that it will include RONIN, the native asset of the EVM Blockchain designed specifically for games, among the altcoins it has listed. Accordingly, the cryptocurrency exchange will start trading the altcoin today. Following Binance’s announcement, the price of RONIN fell significantly.</p> 
<h2 style="text-align: justify" id="strong-binance-lists-ronin-ronin-strong"><strong>Binance Lists Ronin (RONIN)</strong></h2> 
<p style="text-align: justify">The major cryptocurrency exchange Binance recently announced that it will list RONIN, the native asset of the Ronin Blockchain. According to the listing announcement, trading of the altcoin will start today at 16:30 TRT. RONIN’s listing will be available in the spot market with RONIN/BTC, RONIN/USDT, RONIN/FDUSD, and RONIN/TRY trading pairs.</p> 
<p style="text-align: justify">Binance has initiated RONIN deposit transactions for users who want to prepare for trading. RONIN withdrawal transactions will start on February 6th at 16:30 TRT.</p> 
<h2 style="text-align: justify" id="strong-altcoin-s-price-drops-after-listing-announcement-strong"><strong>Altcoin’s Price Drops After Listing Announcement</strong></h2> 
<p style="text-align: justify">Interestingly, Binance’s announcement to list RONIN led to a decrease in the altcoin’s price. According to CoinMarketCap data, RONIN, which was trading around $3.50 before the listing announcement, dropped to $3.02 after the announcement, marking a decline of approximately 15%.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-311148" src="https://coin-turk.com/wp-content/uploads/2024/02/Binance-Altcoin-RONIN.jpg" alt="" width="902" height="440"></p> 
<p style="text-align: justify">Normally, the announcement of an altcoin being listed on a major cryptocurrency exchange like Binance is known to positively affect the price and push it upwards. The opposite trend in RONIN’s case is noteworthy, while the reason for this remains unclear.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/binance-adds-gaming-focused-ronin-blockchains-native-token-ronin/" data-wpel-link="internal">Binance Adds Gaming-Focused Ronin Blockchain’s Native Token RONIN</a></h5>

Binance Adds Gaming-Focused Ronin Blockchain’s Native Token RONIN

Table of Contents

COINTURK NEWS

Other articles published on Feb 5, 2024

NUS Computing’s Breakthrough Wearable Assistive Device Empowers Visually Impaired Individuals

Santiment Warns About Six Altcoins: “Beware of FOMO, A Correction May Come!”

Shiba Inu: BONE Triggers 858% On-chain Surge After This Exchange's Announcement

Title: “Miss Multiverse and KM Universe Forge Groundbreaking Partnership: Beauty Pageants Embrace...

Bitcoin Halving Could Propel BTC Price to $280,000, Here's How

Analysts Expect Unprecedented Performance from Bitcoin and Ethereum in 2024: "The Reason for the ...

Join our free newsletter for daily crypto updates!