Ronin

Binance announces RONIN token trading as Ronin Network’s DAU surges, but token price drops after listing news.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Add-a-heading.png?fit&#61;900%2C300&amp;ssl&#61;1" />Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a>Binance, the top cryptocurrency exchange, announced the listing of the Ronin network’s token, attracting significant attention in the global crypto community. This move marks progress for Ronin, an <a href="https://cryptosheadlines.com/ethereum-network-briefly-halted-block-finalization/" rel="noopener noreferrer nofollow">Ethereum sidechain network</a> focused on gaming, sparking speculation among crypto enthusiasts worldwide.<h3 id="binance-announces-ronin-token-listing">Binance Announces RONIN Token Listing</h3>Binance, a <a href="https://cryptosheadlines.com/a-leading-cryptocurrency-exchange-is-currently-being-investigated-posing-a-potential-challenge-for-the-crypto-market/" rel="noopener noreferrer nofollow">leading cryptocurrency exchange</a>, has announced the listing of the Ronin network’s native token. Starting from February 5 at 15:30 UTC, <a href="https://cryptosheadlines.com/binance-delists-multiple-spot-trading-pairs/" rel="noopener noreferrer nofollow">Binance will commence trading for RONIN spot trading pairs</a>, including RONIN/BTC, RONIN/USDT, RONIN/FDUSD, and RONIN/TRY.Users can now <a href="https://cryptosheadlines.com/jpmorgan-creating-blockchain-based-deposit-token-for-payments/" rel="noopener noreferrer nofollow">deposit tokens</a> in preparation for trading, with withdrawals set to commence on February 6 at 13:30 UTC. Notably, <a href="https://cryptosheadlines.com/bonk-surges-110-after-binance-listing-surpasses-shiba-inu-in-trading/" rel="noopener noreferrer nofollow">Binance has waived the listing</a> fee for RONIN, setting it at 0 BNB.Binance has added a seed tag next to the crypto, indicating high volatility and <a href="https://cryptosheadlines.com/understanding-the-risk-associated-with-sui-token-what-investors-need-to-know/" rel="noopener noreferrer nofollow">risk associated with the gaming token</a>.The token’s DAU chart has shown a remarkable surge in recent days, reflecting increased <a href="https://cryptosheadlines.com/bnb-chain-retain-position-as-most-active-network/" rel="noopener noreferrer nofollow">activity on the network</a>. <a href="https://cryptosheadlines.com/binance-lists-hot-new-cryptocurrency/" rel="noopener noreferrer nofollow">Binance’s listing</a>, following this surge in DAU, appears to align with the token’s growing popularity.However, market charts for the token depict a drop in price shortly after <a href="https://cryptosheadlines.com/binance-listing-announcement-sends-floki-rockets-up-55-in-one-hour/" rel="noopener noreferrer nofollow">Binance’s listing announcement</a>.<h3 id="ronin-price-declines-after-binance-listing-announcement">Ronin Price Declines After Binance Listing Announcement</h3>Price Fall and Current Trading: As of the latest update, Ronin’s price experienced an 18.50% decline immediately after the announcement of its listing on Binance. Currently, the Ronin price stands at $2.84, with a market cap of $831.99 <a href="https://cryptosheadlines.com/binance-witnesses-surge-in-pepecoin-trading-volume-as-crypto-whales-amass-millions/" rel="noopener noreferrer nofollow">million and a 24-hour trading volume</a> of $96.98 million, according to TradingView data.<a href="https://cryptosheadlines.com/exciting-xrp-price-predictions/" rel="noopener noreferrer nofollow">Also Read: Exciting XRP Price Predictions</a>Bearish Market Sentiments: Following the plunge in the token’s price following Binance’s listing announcement, market sentiments appear to be turning bearish. However, the <a href="https://cryptosheadlines.com/crypto-community-predicts-0-0822-dogecoin-price-by-july-31/" rel="noopener noreferrer nofollow">crypto community anticipates a significant shift in price</a> action following Binance’s listing, as the exchange boosts the token’s visibility.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

RONIN Token Falls 20% Post Binance Listing

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