According to breaking news, cryptocurrency exchange Binance is listing UXLINK in futures.
UXLINK was actually in a bullish wave before the listing news. The altcoin, which continued to rise after the listing news, gained more than 27% in the last 24 hours.
Interestingly, the altcoin, which is not listed on the spot market on Binance, seems to be in line with Binance’s recent policy of “listing altcoins not listed on spot in futures”. Binance aims to regain the market volume it lost to other cryptocurrency exchanges.
With a market value of approximately $70 million, UXLINK is listed on major centralized cryptocurrency exchanges OKX, Upbit and Bybit.
UXLINK, one of the Arbitrum ecosystem tokens, has a social decentralized exchange theme and aims to achieve widespread adoption of Web3 social media platforms.
*This is not investment advice.