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Binance Alpha Effect? Vita Inu (VINU) Soars Over 60% in 24 Hours

3M ago
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Vita Inu (VINU), a self-proclaimed OG memecoin on BNB Smart Chain (BSC), is experiencing a significant price surge despite the broader crypto market facing a bloodbath. According to data from CoinGecko, the BSC-based token has surged by over 60% in the past 24 hours to exchange hands at $0.0₇3143.

Potential Binance Listing?

This upsurge came after the project’s team announced on X (Twitter) that VINU has been listed on Binance Alpha, a pre-listing token selection pool within Binance Wallet.

For the uninitiated, Binance Alpha is a platform within Binance Wallet that highlights early-stage crypto projects with strong potential. It is a curated selection pool where Binance showcases tokens based on industry insights, market trends, and community interest. Projects are introduced in batches, often with a spotlight period, during which users can explore detailed info and buy tokens directly.

The platform serves two primary purposes: First, it helps users discover emerging tokens that align with Web3 trends. Second, it provides educational insights into upcoming projects with promising potential. While the pool does not guarantee an actual listing on the Binance exchange, it offers projects significant exposure, often leading to increased investor attention and market activity.

Increased Market Activity

Meanwhile, following its listing on Binance Alpha, VINU has also witnessed a significant rise in market activity. CoinGecko data shows that the memecoin’s 24-hour trading volume is currently $13 million, representing a 72% increase in the past 24 hours.

At press time, VINU traded at $0.0₇292, up 41% on the day and a 21% increase over the past week. This performance has helped push its market cap above $28 million.

Attracting a listing on Binance Alpha underscores VINU’s growth potential, strengthens its credibility, and increases its visibility within the sector. Moreover, the listing signals strong investor interest, enhances liquidity, and positions the memecoin for potential future listings on major exchanges.

Launched in 2021, VINU touts itself as the OG memecoin of the BSC chain. While it started as a lighthearted project, VINU has evolved into a utility-backed token with a strong focus on building a sustainable ecosystem. For instance, it offers several innovative features: VinuSwap, VinuPay, VinuBurn, and VinuFinance, with use cases like governance and staking.

The project is listed on mainstream industry exchanges, including PancakeSwap, KuCoin, MEXC, Bybit, and HTX. Will the token get an actual listing from Binance? Only time will tell.

Meanwhile, VINU’s remarkable upswing comes amid a broader crypto market bloodbath, with Bitcoin (BTC) dropping below $90,000 for the first time since November. BTC’s failure to maintain its footing wiped out nearly $1 billion in liquidations, with long positions taking most of the hit. Solana (-7%) and other major altcoins faced steeper declines, with memecoins like Dogecoin (-6%) and Shiba Inu (-5%) losing significant value as trading volumes dwindled.

This crash was partly triggered by geopolitical uncertainty, as US President Donald Trump confirmed new tariffs on Canadian and Mexican goods.

While the broader market flashes red, VINU’s strong performance highlights its potential for growth and resilience. As the project continues to build its ecosystem and gain traction, it remains to be seen whether it will eventually secure an actual listing on Binance and solidify its position in the ever-competitive crypto market.

The post Binance Alpha Effect? Vita Inu (VINU) Soars Over 60% in 24 Hours appeared first on Cointab.

3M ago
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