Ronin

Shiba Inu

<p>Binance, one of the world’s largest cryptocurrency exchanges, announced it would list Ronin (RON) on its platform. The Ronin_Network X ( formerly Twitter) account <a href="https://x.com/Ronin_Network/status/1754515201372877079?s=20" target="_blank" rel="nofollow">shared</a> the news, stating that RON would be tradeable against Bitcoin, USDT, Binance USD, and Turkish Lira pairs. The announcement led to initial excitement within the Ronin community, which has long awaited a major exchange listing.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-1024x576.png" alt="" class="wp-image-433076" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-768x432.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-2048x1152.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-622x350.png 622w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-199.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>However, Binance clarified the initial announcement mistakenly referred to $RON instead of $RONIN. Crypto market analyst Satoshi_Talks highlighted in a tweet that this error led to a drop in RONIN’s price, an unusual outcome as listing announcements usually drive up asset prices.</p> 
<p>In a series of tweets, Binance founder Yi He <a href="https://x.com/heyibinance/status/1754579213426835695?s=20" target="_blank" rel="nofollow">acknowledged</a> the error and thanked the community for their feedback and suggestions. Yi stated that after an internal review, Binance discovered that it had previously integrated the Ronin blockchain to enable user withdrawals. External detection of this activity led to speculation about a potential Ronin listing on Binance.</p> 
<p>Binance opted to list RONIN formally in response to the accidental leak. Additionally, Yi He outlined several adjustments being made internally:</p> 
<ul> 
 <li>Projects found leaking listing information will receive warnings or termination of partnership</li> 
 <li>Improve external communications protocols to prevent leaks</li> 
 <li>Rewards up to $1 million for proof of employee insider information leaks</li> 
</ul> 
<p>According to price data site CoinGecko, RONIN is trading around <a href="https://www.coingecko.com/en/coins/ronin" target="_blank" rel="nofollow">$2.67</a>, down 18.54% in the last 24 hours but up 2.8% over the past week.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>This mix-up highlights how exchange listing announcements can significantly affect cryptocurrency prices. Binance quickly admitted the mistake and promised to enhance information security, boosting confidence. Likely, the Ronin community remains hopeful that this much-anticipated listing will still raise awareness and trading activity for RONIN.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/why-is-flares-flr-price-up-partnership-with-this-tech-giant-attracts-more-investors/" target="_blank" rel="noreferrer noopener">Why Is Flare’s FLR Price Up? Partnership With This Tech Giant Attracts More Investors</a></li> 
 <li><a href="https://captainaltcoin.com/shiba-inu-bulls-eye-crucial-breakout-as-continuous-shib-burn-could-spike-price-to-this-level/" target="_blank" rel="noreferrer noopener">Shiba Inu Bulls Eye Crucial Breakout as Continuous SHIB Burn Could Spike Price to This Level</a></li> 
 <li><a href="https://captainaltcoin.com/solana-sol-new-rival-is-only-0-009-today-will-it-reach-1-in-2024/" target="_blank" rel="noreferrer noopener">Solana (SOL) New Rival Is Only $0.009 Today; Will It Reach $1 in 2024?</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/why-ronins-price-tumbled-after-a-major-exchanges-listing-mix-up-will-the-ron-listing-lead-to-a-rebound/">Why Ronin’s Price Tumbled After a Major Exchange’s Listing Mix-Up: Will the RON Listing Lead to a Rebound?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Ronin’s Price Tumbled After a Major Exchange’s Listing Mix-Up: Will the RON Listing Lead to a Rebound?

Table of Contents

CaptainAltcoin

Other articles published on Feb 6, 2024

FTT Coin’s Value Tumbles as FTX Exchange Faces Terminal Closure

Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges

Experts weigh in on XRP; VeChain and Borroe Finance draw investors

The Vacation in Montenegro Is Over: Ex-CFO Terraform Labs Extradited To South Korea

Justin Sun and Vitalik Buterin: Contrasting Crypto Career Trajectories Tied to Ripple

Honk Price Prediction: Solana Meme Coin Honk Leaves Bonk In The Dust With 60% Surge As Experts Sa...

Join our free newsletter for daily crypto updates!