BinaryX (BNX) will make its debut in Binance’s Innovation Zone after a recent surge.
The token erupted in popularity, rising 130% after Binance announced its listing on the exchange.
Learn more 👇 https://t.co/FSVefBMjd4
— Binance (@binance) November 4, 2021
BinaryX created CyberDragon, and its native token BNX is used in the fantasy RPG built on the Binance Smart Chain. It has a variety of uses, including community voting, hero recruiting and, upgrades.
The token will be listed in Binance’s Innovation Zone – a trading point where users are able to trade new tokens that may possess a higher volatility rate that could cause risk to traders.
BNX’s volatility was firmly established regarding its proposed listing, starting the day at $101, before skyrocketing to $241, following the Binance announcement and then dipping to $118, according to CoinGecko.
Rise of gaming altcoins
Gaming altcoins and metaverse tokens are becoming more popular and influential in the cryptocurrency industry, with Axie Infinity (AXS) – an NFT-based online game – dominating the space, reaching a market cap of $9bn.
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