Three low-cap altcoins experienced a surge in price on Friday following Binance’s decision to add trading support for these crypto assets. The top global crypto exchange by trading volume recently listed aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE).
ChainGPT’s native asset, CGPT, which is associated with a web3 artificial intelligence (AI) infrastructure project, saw a significant increase in value, skyrocketing by approximately 105% from $0.2 to $0.41 within a 24-hour period. Despite some pullback, the 301st-ranked crypto asset by market cap is currently trading at $0.346.
AIXBT, a crypto market intelligence platform created by the Virtuals Protocol, also experienced a surge in price. The altcoin jumped from a low of $0.385 to a high of $0.578, marking a 50% increase. As of now, AIXBT is trading at $0.477.
Cookie DAO, known for its index and data layer for AI agents, witnessed a price rally of over 61% in 24 hours, climbing from $0.449 to $0.725. At the time of writing, COOKIE DAO is valued at $0.557.
Binance applied seed tags to all three assets, indicating that these projects have lower liquidity and could potentially exhibit higher volatility compared to other listed tokens. Users interested in trading assets with seed tags are required to pass quizzes every 90 days to ensure they understand the associated risks.
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Remember, the world of cryptocurrency is dynamic and fast-paced, so it’s essential to stay informed and updated on the latest market trends. Keep an eye on these low-cap altcoins as they continue to make waves in the crypto space.