TL;DR
XUSD had a wild ride, skyrocketing 80% to $1.80 before plummeting back to its $1 comfort zone. Talk about a rollercoaster! 🎢
Meanwhile, PI is still waiting for its moment in the Binance spotlight, despite 86% of the crowd cheering for it. Awkward! 🙄
The Brief Spike
The world’s largest crypto exchange, Binance, has decided to grace us with the listing of StraitsX USD (XUSD) on March 19. The trading pair? XUSD/USDT, of course! And guess what? They’re throwing in a zero-fee promotion to sweeten the deal. Because who doesn’t love free stuff? 🎉
“During the Promotion Period, all eligible users can enjoy zero fees on XUSD/USDT spot and margin trading pairs (if applicable),” the disclosure reads. Sounds like a party! 🎈
With Binance’s backing, XUSD shot up like a rocket, hitting nearly $1.80. But hold your horses! It quickly retraced back to $1, where it feels all warm and stable. After all, it’s a stablecoin, not a drama queen! 💁♀️
According to Binance, this asset “enables near-instant transactions, streamlining financial operations and bridging the digital and traditional financial ecosystems.” In other words, it’s the bridge we didn’t know we needed! 🌉
“The XUSD smart contract was developed to integrate digital and traditional financial ecosystems, leveraging the stability of the U.S. Dollar. Beyond payments, XUSD can be used for cross-border remittances, on-chain trading, decentralized finance (DeFi) applications, corporate treasury management, and merchant settlements,” the company added. Wow, it does everything but make coffee! ☕
PI Will Have to Wait a Bit Longer
Now, let’s talk about PI. The latest Binance listing has left some crypto enthusiasts feeling a bit blue, as they were hoping to see Pi Network’s native token join the party. But alas, it’s still waiting in the wings! 😢
PI made its grand debut on February 20 when it launched its Open Network. It was welcomed by exchanges like Bitget, OKX, and MEXC. But Binance? They’re playing hard to get! 😏
They even held a community vote to see if users wanted PI on the platform, and over 86% said “yes, please!” But Binance is still playing the silent game. How rude! 🙈
If they finally give PI the green light, it could boost its liquidity and visibility, and who knows, maybe even send its price soaring! Currently, PI is hanging out at around $1.37, which is a 20% drop over the last two weeks. Ouch! 😬
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2025-03-17 20:02