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According to the latest information, Binance has announced that it will not support the Frontier (FRONT) token swap and rebranding to Self Chain (SLF).
The statement made by the exchange is as follows: Dear Binance fans, Binance is ending the Frontier (FRONT) token swap and rebranding to Self Chain (SLF).
Binance Announces It Will Not Support Frontier Rebranding in Its Announcement
Binance will delist all existing FRONT spot trading pairs (FRONT/BTC, FRONT/TRY, FRONT/USDC, FRONT/USDT) on August 27, 2024 at 03:00 (UTC) and cancel all pending FRONT spot trading orders. On August 30, 2024, at 08:00 (UTC), pair trading will open for SLF/BTC, SLF/TRY, SLF/USDC and SLF/USDT transactions.
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After the announcement, all eyes quickly turned to the price of FRONT.
Frontier After Announcemet
Immediately after the announcement, a significant jump was observed in the price of FRONT. Within minutes, the dollar increased by 20% from 0.64 to 0.76, drawing attention to FRONT’s value. With this increase, FRONT’s market volume and trading volume also increased significantly.
FRONT’s market volume exceeded $ 68 million, placing it in 455th place, while its trading volume increased by 187%, exceeding $ 31.9 million. The access point to the chart saw the RSI breakout almost reaching 100, indicating continued oversupply.
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