token of decentralized exchange Biswap (BSW), which was trading just above $0.91 on Monday followingnoon, the 21st, posted a gain of around 160%. This came following the announcement of Binance regarding the inclusion of crypto asset in its platform.
According to the graphs of CoinMarketCap, BSW remained trading sideways near $0.35 during the early hours when Binance published on the crypto asset’s price.
BSW/USD 24-hour chart. Source: CoinMarketCap
According to the statement, trades are cleared for BSW/BNB, BSW/BUSD and BSW/USDT pairs. Withdrawals, meanwhile, may be made from 10:30 am this Tuesday (22).
built on the net BNB Smart Chain (antes BSC), BSW is presented as a low-cost alternative, in addition to having a GameFi Dapp. Part of Biswap’s proceeds will be used to buy back and burn its governance token, BSW, DeX promises.
BSW is also the main token of the juego “play-to-earn” (P2E) Squid NFT World, which promises to adapt “to the needs of users who are looking for an enjoyable gaming experience.
To participate in the game, a user must have a certain number of BSW tokens staked in the BSW-BSW Launchpools, which encourages more users to hold BSW tokens and stake them in the pools.
A certain percentage of each purchase on the Squid NFT World platform will go towards recording, thus adding another layer of recording mechanisms for the BSW token. In addition, all sales of these NFTs on the Biswap Marketplace will be accompanied by a 1% royalty. Both players and buses will be able to be sold on the Biswap NFT market, potentially increasing the market’s trading volume, explains the game’s official page.
Also experiencing a strong upward movement was ApeCoin (APE), which, according to some mappings, recorded gains of 885% due to the launch of the Bored Ape Yacht Club (BAYC) metaverse, Cointelegraph reported.
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