Binance has introduced spot trading services for three new cryptocurrencies: Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL).
The altcoins experienced substantial price increases after the news, with BIGTIME reaching a two-month high of over $0.07, VIRTUAL seeing a double-digit spike, and ONDO recording a less significant pump.
Binance's support provides increased liquidity for the tokens and adds credibility, but investors should be cautious as these tokens carry a Seed Tag, indicating higher risk.
Earlier this month, Binance delisted 14 altcoins, causing significant price declines for the affected cryptocurrencies.