Binance TH Announces New Crypto Listing and Trading Pairs on June 11, 2024

Binance TH, the Thailand arm of the popular crypto exchange Binance, has made a major announcement that is set to shake up the crypto market. The exchange has revealed that it will be listing several new trading pairs and existing tokens on new networks, including some of the hottest cryptocurrencies in the market right now.

Among the new trading pairs that will be added to Binance TH are Terra Classic (LUNC), USTC, Terra (LUNA), Shiba Inu (SHIB), Celestia (TIA), Wormhole (W), Bittensor (TAO), and others. This move is aimed at increasing the user base on the exchange and providing more options for traders.

The listing of these new cryptocurrencies is scheduled for June 11, with trading set to begin at 2:00 PM local time. This announcement comes just a day before a settlement between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs, adding to the excitement surrounding the crypto market.

Despite a recent market selloff that saw altcoins prices fall, experts believe that prices will soon rebound as inflation cools. In the last 24 hours, LUNC, USTC, and SHIB prices have all experienced drops, but traders are anticipating a new rally in the near future.

LUNC price fell by 10% to $0.0001064, USTC price tumbled more than 12% to $0.02145, and SHIB price dropped over 6% to $0.00002332. However, with trading volume on the rise for SHIB, it is expected to continue rallying after the recent lull.

Overall, the listing of these new trading pairs and tokens on Binance TH is expected to bring a new wave of excitement and activity to the crypto market. Traders and investors are eagerly anticipating the start of trading on June 11 and the potential for price surges in the near future.