Binance, the world’s leading cryptocurrency exchange, recently made a major listing decision regarding the altcoin Axelar (AXL), which has had a significant impact on the price of AXL. The news of this listing resulted in a smart investor earning ,000 in just eight minutes.
According to reports from Lookonchain, the investor quickly purchased AXL as soon as Binance announced the listing and then sold the AXL tokens just eight minutes later, making a profit of ,000 from this short-term trade.
The price of AXL surged by up to 80% in the last 24 hours, and currently, it is being traded at .03 with a 31% increase. The rapid increase in price and trading volume demonstrate the impact of Binance’s listing decision on AXL.
It is essential to note that this story is not investment advice, but it highlights the potential opportunities for traders and investors in the volatile cryptocurrency market.
