The price of Holo (HOT), a blockchain platform that can be used to build decentralized applications (DApps) on scalable sidechains, jumped over 50% today after it was announced that it would be listed on Binance, the world’s most popular cryptocurrency exchange
— Binance (@binance) July 23, 2018
According to the announcement, Binance will open trading for HOT/BTC and HOT/ETH trading pairs on July 24, at 4:00 AM (UTC) and users can now start depositing HOT in preparation for trading.
The price of HOT has surged since the announcement, as it only trades on two small exchanges, jumping from $0.000621 to $0.000940, representing an increase of more than 50%. HOT currently has a market cap of $125 million.
Related: Holochain and Holo… What’s the deal?
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.