Binance’s BNB Posts 22% Gains Following Launchpad Project Unveiling
Binance Coin, the native token of Binance crypto exchange, posted up to 22% gains Tuesday as it entered the top ten crypto index.
On December 2, 2018, Binance Coin daily volume started picking up momentum after months of low trading activity.
The Binance Coin surge follows events unfolding inside the Binance Launchpad space.
Now, Binance confirmed the launch of yet another project on the Launchpad platform.
According to Binance weekly report, their Launchpad platform would host the Fetch.
Whether or not the Launchpad projects fare well would decide the underlying valuation of BNB tokens – in the long-term.
While Ethereum and Ripple also maintained losses in the 2-3% range, Litecoin lost the most after dropping more than 4% in a day.
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