Étienne Girard
Binance, a global leader in cryptocurrency exchanges, has announced the listing of three new AI-driven tokens—AIXBT by Virtuals, ChainGPT (CGPT), and Cookie DAO (COOKIE)—on its spot market.
Following this announcement, market prices for these tokens surged significantly. AIXBT climbed by 40%, CGPT saw an impressive 70% rise, and COOKIE increased by 56%, reflecting strong market enthusiasm and renewed interest in AI-powered blockchain projects.
The announcement made on January 10 highlights Binance’s strategic move to expand its trading ecosystem by integrating innovative AI-driven assets. The platform introduced six new trading pairs:
- AIXBT/USDC
- AIXBT/USDT
- CGPT/USDC
- CGPT/USDT
- COOKIE/USDC
- COOKIE/USDT
Deposits for these tokens were enabled immediately, and withdrawals will be available starting January 11. The new listings were previously featured on Binance’s Alpha Market, a platform designed to promote early-stage crypto projects and facilitate market discovery.
Advanced Trading Features and Automation Integration
Binance is enhancing the trading experience for these newly listed tokens by integrating Spot Algo Orders, allowing users to deploy automated trading strategies. Within 24 hours of the listing, Spot Copy Trading and trading bots will also become available, enabling users to seamlessly include these AI-driven tokens in their trading portfolios.
Despite the excitement surrounding these listings, Binance highlighted trading limitations for residents of certain regions, including Canada, the Netherlands, the United States, Crimea, North Korea, and Syria. These restrictions are imposed to ensure compliance with regional regulations. Additionally, eligible users must complete account verification to access trading for these tokens.
Market Reactions to Binance’s Announcement
The listing announcement triggered notable price surges for each token:
- ChainGPT (CGPT): The price surged 70% to $0.34, with a 24-hour low of $0.20 and a high of $0.36. The token’s market cap reached $279 million, and trading volume hit $96 million.
- Cookie DAO (COOKIE): The price jumped 56%, currently trading at $0.7196. It saw a 24-hour low of $0.439 and a high of $0.765, achieving a market cap of $214 million and a trading volume of $78 million.
- AIXBT by Virtuals: The token gained 40%, trading at $0.5773 with a 24-hour low of $0.384 and a high of $0.593. AIXBT’s market cap reached $494 million, with a trading volume of $141 million.
In line with its commitment to fostering innovation and broadening market opportunities, Binance recently added support for Phala Network (PHA), Steem (STEEM), and Usual (USUAL). These efforts underscore the platform’s dedication to providing a diverse and expansive trading environment for global users.
Binance’s ongoing expansion and strategic listings position it as a key player in driving adoption and integration of emerging crypto technologies, particularly in the growing AI sector.
