Fast-Rising Altcoin Soars 66% After Surprise Listing on Crypto Exchange Binance

Decentralized exchange (DEX) altcoins surged to all-time highs (ATH) this week after a surprise listing from the top cryptocurrency exchange by trading volume Binance.

binance Added Gains Network (GNS) trading services launched on Thursday, with GNS jumping from around $7.50 before the listing to $12.48 in the new ATH, up 66.4%.

Ranked 142nd by market capitalization, the cryptocurrency has since returned to $11.14, but is up 45.33% over the past 24 hours. Launched on November 1st, GNS has seen a staggering 259% increase since its launch in 2023.

Development of gain networks g tradeis a decentralized trading platform that offers up to 150x leverage on crypto assets, 1,000x on forex, 100x on stocks and 35x on indices. GNS is the project’s Ethereum (ETH)-based utility token.

Get network notes on new blog director Its gTrade hit record highs in trading volume, revenue and profit sharing in January.

The exchange’s trading volume surged from $1.1 billion in December to $3.42 billion in January, while gTrade’s monthly user numbers also increased by 14.1%, with over 10,000 traders now using the platform. increase.

Binance has listed the asset in the Innovation Zone, a dedicated trading space for crypto assets prone to rapid price movements.

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