Three altcoins have been attracting a lot of attention these days, and rumors about their listing on Binance have been circulating, which could cause their price to rise.
The first altcoin to be considered is MYX Finance (MYX), which has grown by 780% in the past month to reach $10.46. MYX is currently traded on Binance Futures and the market expects it to be listed on the spot market soon. The resistance for MYX is at $15.84, and if it breaks through, the next target could be $19. Conversely, a decrease in demand or selling pressure would carry the risk of a price drop.
The second altcoin that is likely to be listed on Binance is ASTER (ASTER). Data from Anchin shows that $4.8 million of ASTER has been transferred to Binance, which has increased the likelihood of the cryptocurrency being listed on the world’s largest cryptocurrency exchange. If demand increases, the ASTER price target will be in the $2 range; however, if the trend weakens, a drop to $1.71 is also not far off.
The third altcoin that has a chance of being listed on Binance is Mantel (MNT). The listing of MNT on major exchanges such as Coinbase has increased its credibility, and now the market expects Binance to add it. MNT’s market cap has now reached over $6.3 billion and its price is around $1.94. If demand increases, there will be higher targets for MNT; however, in a bearish scenario, the price could return to $1.7.
Overall, the three altcoins in question have come under the spotlight of traders as the most important altcoins of October due to their high chances of being listed on Binance.
Posted Using INLEO