Altcoin Viction Surges After Binance Listing
One layer-1 altcoin is experiencing a significant surge following a surprise listing on Binance, the world’s largest cryptocurrency exchange by trading volume.
Binance recently announced the launch of futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain. This news caused VIC to skyrocket by 81% in the last 24 hours, currently trading at $0.36. With a market cap of $42.3 million, VIC is ranked as the 694th largest cryptocurrency project.
Viction aims to establish a network of apps on its blockchain by providing zero-gas transactions, improved security, and enhanced scalability. The network operates 150 masternodes using a Proof-of-Stake (PoS) consensus mechanism.
“Viction is a people-centric blockchain that offers zero-gas transactions and enhanced security to make Web3 accessible and safe for everyone. With Viction World Wide Chain, we present a unique solution comprising a network of app chains running simultaneously, anchored by a common settlement on Viction. Join Viction World Wide Chain to build, own, succeed, and be a part of a limitless community.”
Last year, Viction surpassed 4,000,000 on-chain addresses and onboarded 150 projects, showcasing its growth and adoption within the crypto space. In November 2023, TomoChain underwent a rebranding to become Viction, symbolizing a blend of “Vision” and “Victory.”
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Original Image Source: Midjourney