On July 26, Binance announced that it would be launching 1-20x futures for the DODO and YGG tokens. This announcement caused a rapid price surge for both tokens. Within just one hour, the DODO token pumped by over 30%, while the YGG token witnessed a similar rapid increase.

The market maker DWF is suspected to be involved in the price surges. DWF is a market maker known for its aggressive approach to trading. It is possible that DWF bought large amounts of DODO and YGG tokens in anticipation of the Binance announcement. This would have caused the prices of both tokens to rise.

The rapid price surges for DODO and YGG tokens demonstrate the potential impact of major exchange announcements on cryptocurrency prices and trading behavior. When a major exchange announces that it will be listing a new token or offering new trading products, it can cause a significant increase in demand for that token. This can lead to a rapid price surge.

It is important to note that the price of a cryptocurrency can be affected by a variety of factors, including market sentiment, news events, and technical analysis. The Binance announcement was just one factor that contributed to the rapid price surges for DODO and YGG tokens.

#news #binance #dodo

$BNB $DODO

Binance has rolled out the latest installment of its ‘Learn & Earn’ initiative, featuring $DODO rewards for completing educational courses. During the activity period from June 4, 2024, at 09:00 UTC to June 18, 2024, at 09:00 UTC, KYC-verified users can enhance their blockchain knowledge and earn crypto rewards.
How to Participate:
Ensure your Binance account is KYC-verified.
Read articles, watch videos, and complete quizzes to earn rewards while supplies last.
Each course can be completed only once, with a maximum of one reward per course.
Participation ends once all rewards are distributed.
Additional Details:
Country/region-specific limits will apply to reward availability.
DODO rewards will be locked in Simple Earn Locked Products for 150 days, yielding a 10% annual percentage rate (APR).
Offered Products: Rewards earned through this program will be secured in Binance Simple Earn Locked Products. At the end of the subscription period, Binance Simple Earn will convert these digital assets into Simple Earn Flexible Products, which users can track in the Wallets > Earn section.
Terms and Conditions
Binance has set forth several terms and conditions for eligible users:
Users must complete KYC to receive rewards.
Illegally bulk registered accounts or sub-accounts are not eligible for rewards.
Rewards are limited and distributed on a first-come, first-served basis.
Caps on rewards per country/region apply.
Users may complete multiple courses to claim multiple rewards, where applicable.
Rewards' actual value may fluctuate due to market conditions.
For the DODO course, users cannot redeem their digital assets in advance. Binance reserves the right to terminate the activity at any time without prior notice and to interpret the terms of the activity. Changes to terms and conditions may occur at Binance's discretion.
Users can find more information and the latest updates on Binance's official announcement.
#Binance #learn&earn #dodo

everyone who is actually trading on Binance we know feeling about losing and winning money also, but u should lose little and win so much, i think here is same situation, probability of losing is so low and winning money more high, because i choose #dodo $DODO i think it will increase too much, cause many people are talking about this coin.