A pair of crypto assets that facilitate peer-to-peer (P2P) connectivity got a power surge after being listed on crypto exchange giant Binance.
In a new announcement, Binance says that the utility token of Alchemy Pay (ACH), a payment system that serves as a bridge between the crypto and fiat economies, will now be available for trading.
According to the project website, Alchemy Pay serves as “an all-in-one online and offline crypto-fiat gateway service for businesses,” and also enables financial institutions to offer cryptocurrency investment services.
News of the Binance listing sent ACH’s price vertical, leaping 41.5% from $0.065 to $0.092 almost instantly. The altcoin corrected to as low as $0.070 but has since rallied again to $0.084.
Alchemy Pay is currently up 21.4% on the day.
Also getting the green light from Binance is Immutable X (IMX), a layer-2 scaling solution for non-fungible tokens (NFTs) that aims to enable near-instant, zero-gas fee transactions.
IMX is an Ethereum token that can be used for staking on Immutable X, voting on the future of the peer-to-peer protocol, and paying transaction fees.
Site-ul web al proiectului spune:
“We commit zero knowledge (ZK) proofs to Ethereum so users will always be able to verify and withdraw their assets.
Our engine supports over 9,000 transactions per second, a 600x improvement over native limits.”
IMX shot up by 12.8% from $3.75 to $4.23 after the listing announcement but has since retraced considerably. Immutable X fell to as low as $3.40 and is currently trading for $3.68.
Binance says both ACH and IMX will be available in the Bitcoin (BTC), Binance USD (BUSD) and Tether (USDT) trading pairs.
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Source: https://dailyhodl.com/2022/01/10/crypto-exchange-binance-lists-two-altcoins-built-on-ethereum-triggering-rallies/