A surprise Binance listing spree has triggered a pair of rallies in the altcoin market.
In a new announcement, Binance says it’s listing PlayDapp (PLA), a blockchain gaming platform that utilizes both the Ethereum and Polygon networks to host a growing roster of interoperable games.
According to the project website, PlayDapp seeks to make digital assets accessible to the general public.
“PlayDapp wants to [turn] non-crypto game users into blockchain game users through the PlayDapp service platform. To do so, PlayDapp provides [Polygon] solutions to play games without cryptocurrency.”
Following news of the coin’s listing on Binance, PLA witnessed a swift 42% rise – trading from $2.20 to $3.13.
PLA’s value has retraced down to $2.63 at time of writing.
Binance is also making Amp available to its users. Its native token AMP collateralizes the cryptocurrency payment network Flexa, which enables merchants to accept digital assets as payment. Holders of AMP can stake as well as vote on governance issues.
The Amp website says the project is non-inflationary and asset-agnostic.
“Amp was designed to be as flexible and future-proof as possible. Amp’s open-source license makes it possible to create and deploy custom collateral managers for your app to interface with Amp on your own terms.”
AMP surged 40% from $0.05 to $0.07 after the initial Binance announcement and currently sits at $0.06.
Binance says each altcoin will be available to trade paired with Bitcoin (BTC), Binance Coin (BNB), Binance USD (BUSD) and USDT.
Check Price Action
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/wacomka/Sensvector