Three lesser-known altcoins experienced a significant surge in price on Friday following Binance’s announcement of trading support for these cryptocurrencies.
Binance, the leading global crypto exchange in terms of trading volume, recently added aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE) to its list of supported assets.
Among the three, CGPT, the native token of ChainGPT, a web3 artificial intelligence (AI) infrastructure project, saw a remarkable increase of approximately 105%, jumping from $0.2 to $0.41 within a 24-hour period. Currently, CGPT is trading at $0.346, experiencing a slight pullback from its peak.
AIXBT, a crypto market intelligence platform developed by the Virtuals Protocol, also witnessed a surge in price, soaring from $0.385 to $0.578, marking a 50% increase. As of now, AIXBT is priced at $0.477.
Cookie DAO, which serves as an index and data layer for AI agents, experienced a gain of over 61% in a day, rising from $0.449 to $0.725. At present, COOKIE DAO is valued at $0.557.
Binance applied a seed tag to all three tokens, indicating that these projects may have lower liquidity and higher volatility compared to other listed assets. Users interested in trading tokens with seed tags are required to pass quizzes every 90 days to ensure awareness of potential risks.
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Image Source: Midjourney