The announcement of Binance listing ACX and ORCA tokens triggered a massive price surge, with ACX up 147% and ORCA rising 90% within 24 hours. This surge follows Binance's launch of spot trading for both tokens on December 6, 2024.
The announcement that Binance would list ACX and ORCA tokens sparked a dramatic price surge for both tokens, with ACX increasing by 147% and ORCA rising by 90% within 24 hours.
On December 6, 2024, Binance began spot trading for ACX/USDT and ORCA/USDT pairs at 13:00 UTC. Withdrawals for these tokens were enabled the following day. However, Binance also flagged both tokens with seed tags, indicating that they are relatively new projects that could experience increased volatility.
ACX Token Performance
Following the Binance listing, ACX experienced a significant 147% surge, reaching a new all-time high of $1.44. At the time of writing, ACX was trading at $1.12, reflecting a 174% increase over the past week. The token’s market cap grew to $371 million, with a fully diluted valuation of $1.12 billion.
Trading volume spiked by over 13,433% compared to the previous day, demonstrating strong market interest following the announcement.
ORCA Token Performance
Similarly, ORCA saw a nearly 90% rise in its price within 24 hours of the Binance listing. While it did not reach an all-time high, ORCA’s price is currently at $7.06, with a market cap of $377 million and a fully diluted market cap of $706 million. The token’s trading volume surged by 4,624% compared to the previous day.
To trade ACX and ORCA on Binance, users will need to complete quizzes related to the exchange’s Spot and Margin platforms, and agree to the terms of service every 90 days for continued access.
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