Decred Price Surges Over 27 Percent After Binance Listing Announcement

2018-10-24 07:00

Binance, the world’s largest crypto exchange by trading volume, announced the listing of Decred (DCR). After the news was released that trading for DCR/BNB and DRC/BTC pairs will be available starting Oct. 24, the token’s price surged by 27 percent.

According to historical data from CoinMarketCap, the market cap of DCR which was hovering around $330 million in the whole of October saw a $90 million jump to $420 million within few hours of listing on Binance.

Another strong community project. Busy week! https://t.co/FAkIyv2HyC

— CZ Binance (@cz_binance) October 23, 2018

According to the announcement, Binance will open trading for DCR/BNB, and DCR/BTC trading pairs at Oct. 24, 2018, 04:00 AM (UTC), but have enabled users to deposit DCR in preparation for trading effective immediately.

Following their Oct. 8 decision to make new cryptocurrency listing fees transparent and donate 100 percent of those fees to charity, Binance did not charge a listing fee for Decred.

Jonathan Zeppettini, International Operations Lead, Decred told CryptoSlate:

“The Decred community is honored to be listed with Binance. We see it as validation of Decred’s core principles, it’s Politeia system of governance, and it’s approach to get listed on the best exchanges without raising funds from investors or outsourcing risk.”

A Positive Reaction from the Market

Decred is the second altcoin to be added to Binance in October 2018, following the Oct. 12 listing of Ravencoin. Following its Binance listing, RVN pumped around 32 percent within 24 hours of the announcement on Oct. 11.

Mirroring Ravencoin’s growth, DCR surged nearly 27 percent in less than two hours after the announcement and is currently trading at $46.58, its highest level since early August. Compared to other major altcoins such as Cardano which has collapsed nearly 94 percent since January 2018, Decred seems to be leading the altcoin game.

The Decred Project expressed their gratitude on Twitter:

Thank you @cz_binance & @binance we're honored to have $DCR listed on your exchange! pic.twitter.com/9XR4UoxXJO

— Decred (@decredproject) October 23, 2018

Decred is self-described as an “open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain,”  and separates itself from Bitcoin and other digital currencies thanks to its governance.

Powered by a hybrid consensus model of PoW and PoS, the company recently launched a new system called “Politeia.” The censorship-resistant blockchain-anchored public proposal platform enables DCR stakeholders to decide which proposals get funded by the project treasury.

The post Decred Price Surges Over 27 Percent After Binance Listing Announcement appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Binance Coin (BNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $562.5
Капитализация $0 Rank 99999
Цена в час новости $ 9.3613 (-100%)

binance listing dcr percent price decred trading

Источник: cryptoslate.com

binance listing → Результатов: 94


Фото:

Криптобиржа Binance рассказала о новых претендентах на листинг

В листинг американского подразделения популярной биржи цифровых активов Binance могут попасть 30 криптовалют. Информация об этом была опубликована в аккаунте проекта. Here is a peek into some of the exciting developments coming soon for #Binance US.

2019-8-12 17:43


Binance рассказала, какие криптоактивы могут попасть в листинг американского подразделения

Криптовалютная биржа Binance опубликовала перечень из 30 криптоактивов, рассматриваемых для включения в листинг американского подразделения — Binance US. Here is a peek into some of the exciting developments coming soon for #Binance US.

2019-8-10 20:19


Фото:

Binance отправит на благотворительность все платежи за листинг новых токенов

Крупнейшая на данный момент в мире по суточному объему торгов криптобиржа Binance объявила, что раскроет все листинговые платежи и будет их полностью отправлять на благотворительность. Согласно сообщению в блоге компании, команды проектов, желающие, чтобы их токен был перечислен на бирже, по-прежнему смогут предлагать свою “плату за листинг”, которую теперь уместнее называть “пожертвованием”. Binance не будет устанавливать […]

2018-10-8 15:42


Биткоин-биржа Binance намерена жертвовать комиссии за листинг на благотворительность

Ведущая по суточному объему торгов криптовалютная биржа Binance сообщила, что будет направлять все комиссии за листинг новых токенов на финансирование благотворительных инициатив. #Binance Listing Fee Update: Starting immediately, and going forward, Binance will make all listing fees transparent and donate 100% of them to charity.

2018-10-8 14:17


Binance обвинили во лжи касательно платы за листинг

В прошлом месяце генеральный директор крупнейшей криптовалютной биржи Binance Чанпэн Джао заявил о том, что его компания никогда не берёт деньги за добавление новых монет. Однако несколько дней назад эту информацию поставили под сомнение.

2018-8-12 12:29


CEO Binance: мы не добавим «шиткоины» в листинг даже за 4000 BTC

На днях в соцсети Twitter разгорелась небольшая перепалка между сооснователем блокчейн-платформы Expanse Кристофером Франко и CEO биржи Binance Чанпеном Чжао. Предметом спора стала стоимость листинга на одной из ведущих криптовалютных бирж.

2018-8-12 11:48


Фото:

Binance and Neufund to Build First Decentralized Stock Exchange

In a joint venture to build the world’s first decentralized stock exchange, Binance partnered with Neufund and MSX — the recently launched subsidiary of the Malta Stock Exchange. Aiming to create the first “regulated and decentralized, global stock exchange for listing and trading tokenized securities alongside crypto-assets”, the trio’s move marks Malta’s latest foray into […] The post Binance and Neufund to Build First Decentralized Stock Exchange appeared first on CryptoSlate.

2018-7-23 20:00


дальше еще 45 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum Classic Hashrate Dumps Almost 50% In 3 Months, What About ETC?

Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kicked out of the network and could no longer use their machines had switched to others such as Ethereum Classic and Ravencoin to put their very specific machines to use.

Конец майнинга Эфириума ETH. Когда сеть перейдёт на PoS, какие криптовалюты майнить дальше, и каким будет обновление блокчейна?

В середине сентября 2022 года сеть Эфириума перейдёт на алгоритм консенсуса Доказательства доли владения или Proof-of-Stake. С учётом этого майнинг ETH с помощью видеокарт и прочего вычислительного оборудования закончится. Что же делать дальше? Вот ответ.

Ravencoin (RVN) price prediction after February sell-off

Ravencoin RVN/USD has weakened from the recent highs above $0. 08, registered on February 08, 2022, below $0. 05, and the current price stands around $0. 053. The efficient creation and transfer of assets Ravencoin is a peer-to-peer blockchain that enables the efficient creation and transfer of assets from one party to another.

Ravencoin (RVN) price prediction after September sell-off

Ravencoin RVN/USD has weakened from the recent highs above $1. 16, registered on 4th September, below $0. 09, and the current price stands around $0. 11. Create and trade any asset Ravencoin is a peer-to-peer blockchain that enables the efficient creation and transfer of assets from one party to another.