Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds.
Fellow Binancians,
Binance will list EigenLayer (EIGEN) and open trading for the following spot trading pairs at 2024-10-01 05:00 (UTC).
New Spot Trading Pairs: EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY.Users can now start depositing EIGEN in preparation for trading.Withdrawals will open at 2024-10-02 05:00 (UTC).EIGEN Listing Fee: 0 BNB.EIGEN Smart Contract Address (ERC20) : 0xec53bF9167f50cDEB3Ae105f56099aaaB9061F83
Notes:
The seed tag will be applied to EIGEN.TRY is a fiat currency and does not represent any other digital currencies.The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.Trading Bots & Spot Copy Trading will be enabled for the aforementioned token within 24 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
What Is EigenLayer (EIGEN)
EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer.
Important Notes
EIGEN is a relatively new token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token.Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tag will be applied to EIGEN.To gain trading access to tokens marked with seed tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with seed tags. Users may find seed tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with seed tags.
Additional Information
EigenLayer WebsiteEigenLayer XBinance Trading FeesBinance Trading Rules
Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s).
Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pairs: Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Thank you for your support!
Binance Team
2024-09-30

Feeling disappointed after receiving only $8 worth of $HMSTR tokens from the airdrop? You’re not alone, but there's a logical reason behind these seemingly small rewards. HMSTR is far from a scam—let's break down what's really happening. 💡

The math is straightforward: with a total supply of 100 billion tokens and a market cap of $1 billion, each token is valued at $0.01. But with over 100 million users aiming for a share, distributing tokens evenly becomes a significant challenge. If every user received an equal amount, each would get approximately 1,000 tokens, worth about $10 at the current market value.

🤯 That’s why many feel let down. With such a large user base, small airdrop rewards are inevitable, especially in the project's early stages. But this doesn’t mean it's over—it's actually just the beginning. HMSTR is a project focused on long-term growth, and while the airdrops may not make you wealthy overnight, the real value lies in holding those tokens as the ecosystem grows. Expecting substantial returns from airdrops alone isn't realistic with such a vast user base. Patience is essential.

🔥 I was initially disappointed too when I received my $8 worth of tokens, but after looking at the numbers, I saw the potential. HMSTR isn’t about quick profits—it’s about holding on and being part of the growth as the project evolves. Stay tuned for my full article later today, where I'll explain in detail why holding onto $HMSTR is the smarter move. The journey has just begun—hold on and watch it grow.

#BinanceLaunchpoolHMSTR #EIGENonBinance #TCPredictedNewATH #potGoldATH #OMC

#BinanceLaunchpoolHMSTR
---$BANANA
BANANA/USDT Technical Analysis - Potential Breakout Setup
Current Price: $44.68
Timeframe: 1D Chart
Overview:
BANANA/USDT has been forming a bullish pattern, with a potential breakout on the horizon. The chart reveals that the price has been consolidating after a steep downtrend, but it is now approaching a crucial resistance zone. We could be witnessing the early stages of a breakout, signaling a trend reversal. Here's a closer look at the key areas and strategies.
Key Zones to Monitor:
Resistance Zone:
The resistance level lies between $40.61 and $63.54, a significant area where the price has been consolidating over the past few days. A breakout above this range could ignite a strong bullish rally, potentially leading the price toward much higher levels.
Support Zone:
On the downside, $33.35 serves as strong support. If the price pulls back from the current level, this is a key zone to watch for potential buying opportunities. A break below this level could indicate further downside pressure.
Technical Indicators:
Falling Wedge Pattern: The falling wedge pattern is a classic bullish reversal signal. The price has recently broken out of the wedge formation, suggesting that the bears are losing control and the bulls are beginning to take over.
Breakout Confirmation: The price has entered a consolidation zone and is now testing the upper boundary of the resistance area. A close above $63.54 would confirm the breakout, signaling a new upward momentum.
Volume Surge: The increasing volume is another important indicator. A surge in volume along with a breakout would provide a strong confirmation of upward movement.
Price Targets and Trade Strategy:
Scenario 1: Bullish Breakout
If BANANA/USDT can decisively break above $63.54, it could trigger a significant upward move. The following targets can be set:
First Target: $50.00
Second Target: $60.00
Final Target: $70.00
Traders should watch for confirmation of the breakout before entering long positions. Use volume and price action as indicators for this confirmation.
Scenario 2: Retest of Support
If the price fails to break above the resistance and faces rejection, we could see a retest of the support zone around $33.35. This area could provide a good buying opportunity if the price bounces off. In case of further bearish pressure, consider setting a stop loss below $33.00.
Risk Management:
In any case, it’s essential to manage your risk appropriately. For bullish trades, placing a stop loss just below the support zone around $40.61 would help protect your capital in case of a failed breakout. Conversely, in a short trade, consider using the upper resistance of $63.54 as a stop-loss point.
Conclusion:
BANANA/USDT is currently at a pivotal moment, with a strong potential for a bullish breakout. A close above $63.54 with volume would confirm the breakout, and traders can look for long positions targeting $50 and higher. However, always be cautious of false breakouts, and ensure you use proper risk management techniques in your trades.
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#EIGENonBinance
#TCPredictedNewATH
#BTCReboundsAfterFOMC
#CATIonBinance