One layer-1 altcoin is surging after a shock itemizing by Binance, the world’s largest crypto trade by buying and selling quantity.
In a brand new announcement, Binance says that it’s launching futures contracts with as much as 75x leverage for Viction (VIC), previously often called TomoChain.
Because the itemizing announcement went out, VIC exploded and is presently up 81% within the final 24 hours, buying and selling for $0.36 at time of writing. With a market cap of $42.3 million, VIC is the 694th largest crypto challenge.
Viction aims to create a community of apps on its blockchain by providing zero-gas transactions, enhanced safety and improved scalability. The community says it employs 150 masternodes using a Proof-of-Stake (PoS) consensus.
“Viction is a people-centric blockchain, providing zero-gas transactions and enhanced safety to make Web3 straightforward and secure for everybody. Now with Viction World Broad Chain, we offer a novel resolution representing a community of app chains that function concurrently, anchored by a standard settlement on Viction. Construct, personal, win, and be a part of Viction World Broad Chain the place everybody scales past limits.”
Final 12 months, the challenge said it surpassed 4,000,000 on-chain addresses and onboarded 150 tasks.
In November 2023, TomoChain was rebranded as Viction, a mixture of “Imaginative and prescient” and “Victory.”
Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox
Examine Price Action
Comply with us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses chances are you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in online marketing.
Generated Picture: Midjourney