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Binance, Largest Crypto Exchange, Lists DENT Pushing Coin’s Rate Up

  • Yuri Molchan
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    Binance keeps adding new coins, DENT will be paired with ETH and BTC

Binance, Largest Crypto Exchange, Lists DENT Pushing Coin’s Rate Up
Cover image via u.today

 

In early January, DENT achieved a maximum of $0.10 but later slid to $0.003, losing 90 percent of its cost. Now, after adding to Binance, the asset is quickly recovering.

Volatile coin

Binance added DENT, warning traders of its volatility, since this token is believed to be risky. Most people in the crypto community reckon that DENT was listed when the project had paid the huge Binance fees, trusting that this listing would give the coin some fresh blood.

Anyway, rumors of adding this altcoin have been around for several days already.

Rising after a deep fall

After losing almost all of its value, the coin will have to give a battle to regain its losses. Perhaps, this is what the coin is doing now. Being added to Binance listing could be just the first step.

Still, the coin does not seem to be strong, since after the fall it cost even less than a few cents.

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Trading on Binance

The coin will first be paired with ETH and BTC, since the trading platform normally starts with two pairs.

Among other small coins that Binance has recently added is Mainframe (MFT), which is now paired against the Binance Coin (BNB) to ensure some extra liquidity.

At the moment DENT is trading at $0.007867 (up 133.71 percent) – quite a quick rise for such an obscure coin.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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