An important development has occurred for Highstreet (HIGH), one of the projects included in the Launchpool of the cryptocurrency exchange Binance.
According to the data, 3 million HIGH tokens were transferred from the developers' Highstreet Treasury and Reserve Wallet to the cryptocurrency exchange Binance. At the time of writing this article, this amount corresponds to 3.84 million dollars.
The decline in the HIGH token, which was already losing blood during the day, deepened after the transfer, and the price of the altcoin is trading at $ 1.30 at the time of writing this article, with a loss of approximately 8% in the last 24 hours.
The token developer team has transferred a total of 6.27 million HIGH tokens to Binance from the Treasury and Reserve Wallet since last month. The total value of these tokens is approximately 8 million dollars.
HIGH, which is among the relatively small cryptocurrencies with a market value of $ 56 million, was introduced on Binance Launchpool in December 2021. The token was trading above $20 at that time.
*This is not investment advice.