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Top crypto exchange Binance has announced trading rewards for specific AI tokens. A newly launched promotion would allow new and existing users to trade these AI tokens on Binance Spot and partake in a 10,000 USDT reward pool in token vouchers.
According to the announcement, the promotion is for all new users, as well as existing regular and VIP 1-3 users who have not traded on Binance Spot in the past 90 days.
A total of 10,000 USDT in token vouchers is available with this promotion, which runs from Nov. 20 at 9:00 a.m. UTC to Nov. 27 at 8:59 a.m. UTC.
The promotion applies to spot trading pairs of AI tokens such as SingularityNET (AGIX), Cortex (CTXC), Fetch.AI (FET), Measurable Data Token (MDT), Numeraire (NMR), OCEAN, Phoenix (PHB), iExec RLC (RLC) and Worldcoin (WLD).
According to Kaiko research, AI tokens surpassed $2 billion in weekly trade volume for the first time since March, led by World Coin (WLD) and Render (RNDR).
The price of WLD fluctuated dramatically as a result of the news surrounding OpenAI former CEO Sam Altman. The market maker GSR deposited a total of 1.83 million WLD worth $4.47 million to exchanges in the last 24 hours, according to on-chain data.
Other AI tokens were reporting price gains as a result of the recent volatility on the crypto AI market.
Cortex, which provides an open-source AI platform for AI democratization by allowing models to be easily incorporated into smart contracts, is up 10% in the last 24 hours to $0.187.
Tomiwabold OlajideMeasurable data token (MDT), an AI token, has increased by 7.32% in the last 24 hours to trade at $0.051. Its trading volume has also increased by 152% in the past 24 hours.
Crypto AI token Ocean Protocol (OCEAN) has increased 11.51% in the last 24 hours to trade at $0.476. Its trading volume was also 138% higher in this time frame.
Alex Dovbnya
Gamza Khanzadaev
Dan Burgin
U.Today Editorial Team
Vladislav Sopov