Binance, One of the World’s Leading Crypto Exchanges, Announces the Listing of Two New Altcoins, Boosting Activity on the Solana Network. Both altcoins are based on the Solana network and have drawn attention with the announcement of their listings.
Two New Altcoins Are Coming!
Binance revealed that it will list the altcoins “Act I: The AI Prophecy (ACT)” and “Peanut the Squirrel (PNUT).” Following this announcement, ACT surged approximately 8-fold, while PNUT saw a roughly 2-fold increase in value. These two memecoins on the Solana network will start trading on Binance at 05:00 a.m. time on November 12, 2024.
Binance Will List These Two Altcoins with the “Seed” Tag
Binance also announced that ACT and PNUT will be listed with the “Seed” tag. The Seed tag is a marking system developed for innovative projects that carry high risk and volatility. Previously known as the Innovation Zone, this area is now referred to as the Seed Tag to help users more clearly identify high-risk projects.
Projects with the Seed Tag are typically early-stage cryptocurrencies that may have significant volatility and risk. Such projects can experience highly fluctuating trading volumes and price movements, making it crucial for investors to make informed decisions. The Seed Tag aims to inform investors about these types of risks.
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