Why is Biaoqing (BIAO) Price Pumping?

Biaoqing’s (BIAO) developments and listings on exchanges lately have seen its value increase. At press time, BIAO trades at $0.02669, a 13.59% rise in the last day and an 11.51% rise over the past week. This surge in price can be attributed to strategic listings on major exchanges and robust trading volumes.

New Listings on Major Exchanges

CoinCarp, a crypto market platform, announced the listing of Biaoqing (BIAO) on its platform. The listing includes comprehensive market data, news, a calendar, a rich list, and detailed tokenomics. CoinCarp’s announcement on X highlighted the new addition, attracting the attention of crypto enthusiasts and investors.

Moreover, MEXC, a crypto exchange, revealed the successful conclusion of BIAO’s Kickstarter campaign. MEXC announced that BIAO deposits are open, and trading pairs, specifically BIAO/USDT, will commence on June 25, 2024, at 12:00 PM (UTC). This listing is expected to enhance BIAO’s visibility and trading activity.

Bitget’s Impact on BIAO’s Trading Volume

Bitget, another major cryptocurrency exchange, also listed Biaoqing (BIAO) with the trading pair BIAO/USDT. Bitget’s announcement emphasized that deposits are already open, and trading will start simultaneously with MEXC on June 25, 2024, at 12:00 PM (UTC). 

This dual listing on both MEXC and Bitget is anticipated to significantly boost BIAO’s trading volume.

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Market Response and Price Dynamics

The strategic listings on CoinCarp, MEXC, and Bitget have positively impacted BIAO’s market performance. According to CoinGecko, BIAO’s trading volume in the last day reached $3,767,582.09. The increase in price and trading volume highlights growing investor confidence and interest in BIAO.

Consequently, the combination of new listings and heightened trading activity has driven BIAO’s price up. The listing on major exchanges facilitates easier access for investors, enhancing liquidity and market presence. 

Additionally, the increased visibility on CoinCarp and the active trading on MEXC and Bitget create a robust environment for price growth.

The recent price pump of Biaoqing (BIAO) is primarily due to its strategic listings on CoinCarp, MEXC, and Bitget. These listings have resulted in increased trading volumes and investor interest.

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.