📌 TOPINDIATOURS Eksklusif crypto: Binance Alpha and Upbit Listings Send PALU and D
Major cryptocurrency exchanges Binance and Upbit have announced two altcoin listings today, leading to substantial price increases and heightened market activity.
Binance’s Alpha platform added the meme coin PALU. Meanwhile, Upbit revealed that it will introduce trading support for Doodles (DOOD).
Binance Alpha Listing Pushes PALU’s Market Value Over $80 Million
PALU is a community-driven meme mascot token issued on the BNB Chain. The token initially gained traction after Binance founder Changpeng Zhao (CZ) reposted fan artwork featuring a CZ-themed PALU mascot.
This triggered a major pump, which amplified when Binance’s Alpha platform, which highlights emerging tokens, officially listed PALU. Following the crypto listing, the token’s market capitalization skyrocketed from roughly $3 million to over $80 million.
At press time, PALU’s market cap had adjusted to $74.4 million. It was trading at $0.77, marking a 1,693.7% gain so far today amid the rapid developments.
Moreover, a market suggested that the meme coin’s strong performance and community appeal could make it a likely candidate for an official Binance listing.
“Honestly, @palucto feels like the perfect mascot coin for Binance. I wouldn’t be surprised if it hits the main Binance listing next,” an analyst wrote.
Nonetheless, behind the explosive rally, on-chain data reveals coordinated buying activity that fueled the surge. An on-chain analyst pointed out that 12 addresses collectively purchased around $2.98 million worth of PALU following the announcement, contributing to the price pump.
Doodles (DOOD) Hits Record High After Upbit Listing
Besides Binance Alpha, Upbit will also expand its spot platform offerings today. In a recent notice, the exchange revealed that it will list DOOD, with trading starting at 4:30 PM Korean Standard Time (KST).
The token will be available to trade against two pairs: Tether (USDT) and the Korean Won (KRW).
“Deposits and withdrawals are supported only through the designated network (DOOD–Solana). Please verify the network before making a deposit.The contract address for DOOD supported on Upbit is: DvjbEsdca43oQcw2h3HW1CT7N3x5vRcr3QrvTUHnXvgV,” Upbit stated.
Following the announcement, the altcoin surged from $0.0066 to a high of $0.018, representing a 178% increase. The latter also marked a new all-time high (ATH) for DOOD.
At press time, it traded at $0.014, up nearly 126% since the announcement, with a market capitalization exceeding $120 million.
The post Binance Alpha and Upbit Listings Send PALU and DOOD Prices Soaring appeared first on BeInCrypto.
🔗 Sumber: www.beincrypto.com
📌 TOPINDIATOURS Breaking crypto: STRK Leads Market Gains as Bitcoin Staking Sparks
Layer-2 (L2) token STRK is today’s top gainer, soaring over 20% in the past 24 hours. This rally comes amid a surge in network activity and liquidity on Starknet, following the network’s launch of Bitcoin staking on its mainnet on September 30.
With this uptick in on-chain participation driving renewed demand for STRK, the altcoin could be poised for further upside in the near term.
STRK Soars as Bitcoin Staking Ignites On-Chain Activity
Last week, Starknet, in partnership with LayerZero, an advanced omni-chain interoperability platform, rolled out Bitcoin staking on its mainnet. The integration allows BTC to participate in network consensus, where the STRK token holds a 75% majority weight while BTC contributes 25%.
While users cannot stake BTC directly on the L2, Starknet supports wrapped BTC variants such as WBTC, LBTC, tBTC, and SolvBTC, each featuring a reward pool.
This development has triggered a surge in user engagement and liquidity across the network. For example, the network’s decentralized finance (DeFi) total value locked (TVL) sits at $221.04 million, up 37% since September 30, when Bitcoin staking went live on the protocol.
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The spike in TVL signals a clear increase in on-chain activity, as users lock more assets to participate on Starknet.
Furthermore, stablecoin liquidity on the L2 has risen by 13% in the past week, confirming sustained liquidity inflows into the chain. Per DefiLlama data, this stands at an all-time high of $118 million, up 11% since September 30.
Stablecoins often serve as a proxy for on-chain liquidity and user participation. Therefore, their recent uptick on Starknet since Bitcoin staking went live suggests that investors are moving funds onto the network in anticipation of higher yields and greater utility.
STRK Traders Target $0.25 if Bulls Hold the Line
This combination of heightened liquidity and growing user participation has strengthened bullish sentiment around STRK. The token trades above its Super Trend indicator on the daily chart, confirming the buy-side pressure among spot market participants.
At press time, this indicator forms dynamic resistance below STRK at $0.1408.
This indicator tracks the direction and strength of an asset’s price trend. It is displayed as a line on the price chart, changing color to signify the trend: green for an uptrend and red for a downtrend.
When an asset’s price trades above its Super Trend indicator, buying pressure dominates the market. If this trend holds, it could drive STRK’s price above $0.1987 and towards $0.23
However, a resurgence in profit-taking could invalidate this bullish outlook. In that scenario, the token’s price could fall to $0.1012.
The post STRK Leads Market Gains as Bitcoin Staking Sparks On-Chain Boom on Starknet appeared first on BeInCrypto.
🔗 Sumber: www.beincrypto.com
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