Support Disclosure for This Altcoin From Binance, Price Moves!

The world's largest crypto exchange Binance continues its altcoin support statements.

At this point, Binance stated that the altcoin named Osmosis (OSMO) will support the network upgrade, and said:

“The Osmosis (OSMO) network upgrade will occur approximately on 23.08.2023 at 16:00 UTC.

OSMO's deposits and withdrawals will be suspended from approximately 23.08.2023 at 15:00 UTC.

OSMO's trading will not be affected during the network upgrade.

Once we consider the upgraded network stable, we will reopen deposits and withdrawals for OSMO and will not notify users at further notice.”

OSMO, which rose slightly after the Binance announcement, went up to $ 0.413. At the time of writing, OSMO is trading at $0.409.

*Not investment advice.