One of the year’s top blockchain and web3 events, Binance Blockchain Week, is set to begin tomorrow, Nov. 8.

Ahead of the event, an X account which often reports on the movement of whales called Lookonchain, shared the prices of five Binance-associated tokens have seen a surge over the past month with double and triple-digit growth. 

A look on chain

According to a post on X from Lookonchain, a cryptocurrency on-chain data analysis company, five tokens saw surges, including BNB with an 18% increase, TWT rising by 77%, CAKE soaring 95%, XVS with a 43% uptick, and APX leading the charge with an impressive 178% growth.

Notable on this list include Trust Wallet (TWT), a mobile cryptocurrency wallet that Binance acquired in 2018 that is now seeing a price resurgence ahead of its launch, and Pancake Swap, a decentralized exchange built on the Binance Smart Chain that boasts $1.484 billion in TVL.

Lookonchain also highlighted notable purchasers, including wallet 0x8945, which withdrew 1 million TWT or $1.63 million when the price of the token was $1.22. 

As a result, data released by 0xScope on Nov. 6 showed the world’s largest cryptocurrency exchange by market cap was facing a decreasing market share, where it currently sits at 51.2%, following a 10% decrease in trading volume.

Follow Us on Google News
Go to Source to See Full Article
Author: Sarah Jansen

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details