Binance Adds XRP and Dogecoin to Smart Arbitrage Portfolio, Triggering Price Surge

user avatar

by Giorgi Kostiuk

2 years ago

Binance has added XRP and Dogecoin to its Smart Arbitrage offerings, marking a positive move for both assets. The new listing opens fresh opportunities for investors and has sparked market activity.

New Arbitrage Opportunities for XRP and Dogecoin Investors

According to Binance, investors can now participate in XRP and DOGE investments with a low entry amount of just 12.5 USDT. Previously, the Smart Arbitrage portfolio only included major assets like Bitcoin, Ethereum, and Solana. This new feature balances futures market positions with spot market trades, reducing risk and maximizing profit potential.

XRP and Dogecoin Rally with Binance Listing

Following Binance’s announcement, market expectations have risen for both XRP and Dogecoin. Positive speculation around a potential XRP ETF launch, along with Elon Musk’s involvement in new projects, has increased investor focus on these tokens. XRP has climbed 9% over the past week to $0.55, while Dogecoin is up 3% in the last 24 hours and 25% over the week.

Binance Celebration and Campaign

The campaign celebrating this new listing runs through November 21, offering participants up to 20.95% APR on their XRP and DOGE investments. Additionally, users can claim a share of a 30,000 USDT reward pool.

By enhancing its Smart Arbitrage features, Binance aims to create new investment opportunities, enabling users to diversify and manage risk more effectively.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Optimism Launches Superchain Interoperability Upgrade on Sepolia Testnet

chest

Optimism has successfully launched its Superchain interoperability upgrade on the Sepolia testnet, allowing developers to test cross-L2 messaging across OP Stack chains.

user avatarMohamed Farouk

XRP Ledger Achieves Key Milestone with AMM Amendment

chest

The XRP Ledger has achieved 80 validator consensus for its Automated Market Maker amendment, marking the start of the activation window for native AMM functionality.

user avatarElias Mukuru

Solana Validator Adoption of v118 Client Reaches 85% of Consensus Stake

chest

The adoption of the v118 client by Solana validators has reached a significant milestone, marking 85% of consensus stake.

user avatarDiego Alvarez

Sui Foundation Unveils $10 Million Fund for AI and DeFi Development

chest

The Sui Foundation has launched a $10 million ecosystem fund aimed at fostering decentralized AI infrastructure and DeFi protocols on the Sui blockchain.

user avatarKenji Takahashi

Aave Governance Approves Parameter Update for Base Mainnet

chest

Aave governance has approved a parameter update for the Base mainnet in its v3 deployment, focusing on risk settings and collateral caps to enhance liquidity access and manage risk effectively.

user avatarMaria Fernandez

Chainlink Expands CCIP Infrastructure to Avalanche and Polygon

chest

Chainlink has launched its CrossChain Interoperability Protocol (CCIP) on Avalanche and Polygon, enhancing crosschain token transfers.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.