The BSC Foundation, associated with BNB Chain and founded by Binance, has made significant purchases in several altcoins.
BSC Foundation's Altcoin Purchases
The BSC Foundation bought $25,000 worth of MYX, BANK, LISTA, and GM tokens in just five minutes. While the amounts seem small, these purchases could hold symbolic significance.
Market Capitalization Data of Tokens
Among the purchased tokens, GM's market value is $8.4 million, while MYX's market value is $6.38 million (pre-purchase values). These two tokens are now the altcoins with the smallest market value in the foundation's portfolio.
Total Assets of the Foundation
Upon examining the other assets held by the foundation, the wallet where the purchases were made currently contains $492,000 worth of altcoins. SKYAI has the largest share with $134,000.
These purchases signal the BSC Foundation's active steps in the altcoin market and highlight the diversity of assets in its possession.
