{"id":428127,"date":"2020-06-22T17:30:45","date_gmt":"2020-06-22T17:30:45","guid":{"rendered":"https:\/\/ktsl888.com\/?p=428127"},"modified":"2020-06-22T15:15:32","modified_gmt":"2020-06-22T15:15:32","slug":"altcoin-cryptocurrency-exchange-listing","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/altcoin-cryptocurrency-exchange-listing\/","title":{"rendered":"Altcoins Pumping on Cryptocurrency Exchange Listing Brings Back Memories Of Bull Market"},"content":{"rendered":"
You can’t teach an old dog new tricks, but apparently, listing an older cryptocurrency on a new exchange can bring back memories of the cryptocurrency bull market that once was<\/a>.<\/p>\n An altcoin being listed on Binance has resulted in nearly a 100% intraday pump \u2013 something that hasn’t been seen since crypto prices and exuberance peaked in early 2018.<\/p>\n During the 2017 crypto bull market, it wasn’t uncommon to see some cryptocurrency assets \u2013 namely altcoins \u2013 rise by over 100% or more in a single day<\/a>.<\/p>\n Some rallies were driven by organic FOMO buying, while others were simply pump and dump groups manipulating prices to their advantage<\/a>. More commonly, when a coin was suddenly listed on a new cryptocurrency exchange, prices soared.<\/p>\n Whatever was the case, these sorts of shocking intraday pumps have all but disappeared. Among the first examples of this, was when XRP, also known as Ripple, was listed on Coinbase.<\/p>\n Related Reading | Major Crypto Assets Are Preparing For Powerful Volatility Against Bitcoin\u00a0<\/a><\/strong><\/em><\/p>\n Just the rumor of the coin being listed on the platform in late 2017 helped XRP to skyrocket by over 900% to its all-time high of $3.50. When the coin was finally listed on Coinbase, it immediately dumped and has been setting low after low ever since.<\/p>\n However, an older altcoin suddenly being listed on Binance today, caused the asset to rise by nearly 100% in a single day on the USD trading pair, providing what might be the first glimpse into the next bull market.<\/p>\n <\/p>\n Today, the world’s most popular cryptocurrency exchange, Binance, listed the altcoin called Digibyte token<\/a>.<\/p>\n Digibyte token has been around since 2013, reaching a peak of 13 cents at the height of the crypto hype bubble. At its low, prices returned to just a fraction of a penny.<\/p>\n Prices are now trading at over $0.02 per DGB token, however, it’s on the BTC trading pair where the real magic happened.<\/p>\nCryptocurrency Exchange Listing Bring Back The Return of The Bull Market Pump<\/h2>\n
DGBBTC Daily | Source: TradingView<\/a><\/pre>\n
Digibyte Token Soars Nearly 100% Intraday Against Bitcoin Following Binance Listing<\/h2>\n