Binance added HYPER, SIGN, INIT, KERNEL, and WCT tokens under its VIP Loan program on April 30, aiming to increase visibility, liquidity, and borrowing options.
While INIT gained 14% in the past week, other tokens like SIGN, HYPER, KERNEL, and WCT faced immediate declines after the listing.
INIT stood out with a price rally, reaching $0.7494, while SIGN, HYPER, KERNEL, and WCT experienced intraday and weekly losses.
Despite the market response showing mixed sentiments and declines for most tokens, the VIP Loan listing aims to provide more trading alternatives for institutional and high-net-worth users.