**In Brief:**
– Binance has launched spot trading for three new cryptocurrencies: Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL).
– These tokens, marked with a “Seed Tag,” indicate both high potential and high risk.
**New Trading Pairs Introduced**
The world’s largest crypto exchange, Binance, conducted a community vote to select new tokens for its platform. It added ONDO, BIGTIME, and VIRTUAL, offering trading pairs like ONDO/USDT, ONDO/USDC, BIGTIME/USDT, BIGTIME/USDC, VIRTUAL/USDT, and VIRTUAL/USDC. Previously available on Binance Alpha, these tokens are now transferred to spot trading accounts, ceasing their purchase function on Alpha while maintaining the sell option.
**Market Reaction**
Following the listing, BIGTIME’s price surged by 25% to over $0.07, and VIRTUAL also saw significant gains. ONDO experienced moderate growth. Binance’s backing boosts the liquidity and credibility of these tokens, which contributed to the price spikes. However, the “Seed Tag” alerts investors to their high-risk nature, urging careful investment.
**Delisting Impacts**
Earlier in the month, Binance delisted 14 altcoins, leading to price declines, notably for Cream (CREAM) and Beta Finance (BETA), which dropped by about 60%. A similar trend was observed last October with the delisting of several other tokens.
