• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Will Support ORN to LUMIA Swap and Rebranding

user avatar

by Giorgi Kostiuk

a year ago

The cryptocurrency exchange Binance has announced its support for the Orion Protocol (ORN) mainnet swap and rebranding to Lumia (LUMIA).

Support for Swap and Rebranding

Binance will support the swap and rebranding process, including the dates and procedures. The official announcement states that on October 15th, Binance will delist all ORN trading pairs and pause deposits and withdrawals. Trading for the LUMIA/USDT pair will begin three days after the ORN delisting.

ORN Token Operations

Users can swap their ORN tokens to LUMIA on a 1:1 ratio. The total supply of Lumia will increase from 92.6 million to 238.9 million tokens. Binance will handle all technical changes in the token swap process, so customers do not need to take any action.

ORN Market Volatility

The rebranding announcement caused volatility in the ORN market. ORN’s price dropped sharply to $1.367 after rallying to $1.718 earlier.

Binance's announcement supporting the ORN to LUMIA swap and rebranding has triggered significant volatility in the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Nvidia Stock Remains Strong Despite Market Conditions

chest

Nvidia's stock has recently broken down from a key level and is currently at multi-month lows, but strong fundamentals and growth potential in AI make it a buy during the dip.

user avatarAisha Farooq

Micron Stock Sees Substantial Decline, Presents Long-Term Value

chest

Micron's stock has seen a significant decline, but it is viewed positively by Analyst Stas due to its low valuation compared to earning potential, making it attractive for long-term investors.

user avatarLi Weicheng

Coherent Stock: A Patient Investor's Opportunity

chest

Coherent, a company in the semiconductor and laser technology space, is being monitored by Analyst Stas for a potential investment as he waits for the stock price to drop further.

user avatarTenzin Dorje

Meta Stock Declines Amid Market Selloff, Presents Buying Opportunity

chest

Meta's stock has taken a heavy hit in recent months, continuing to fall during the broader market selloff. Despite this, the company is implementing cost-cutting measures and reducing its workforce, which is helping to stabilize the business. Analyst Stas highlights that Meta has a history of bouncing back strongly after major drops, viewing the current price levels as a potential buying opportunity for long-term investors.

user avatarMohamed Farouk

Countries Push for Dedollarization to Safeguard Economies

chest

A number of countries are actively seeking to reduce their reliance on the US dollar to protect their economies from potential financial downturns.

user avatarElias Mukuru

Bhutan Continues Bitcoin Transfers to Open Market

chest

Bhutan has moved significant amounts of Bitcoin from its government-linked wallets, confirming a trend of selling BTC assets this year.

user avatarDiego Alvarez

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.