Binance, the world’s biggest crypto exchange by trading volume, recently added support for the decentralized finance (DeFi) app, HOME. This move sent the HOME token’s price skyrocketing.
HOME’s Price Surge
The price of HOME jumped significantly after the Binance listing. It went from $0.0201 on June 10th to a high of $0.038 just two days later. While it has since dipped slightly, it’s still up around 10% in the last 24 hours, trading at approximately $0.033.
What is HOME?
HOME is a DeFi app designed to make decentralized trading easier and more accessible for everyone. According to its developers, it simplifies the process, eliminating the need for users to understand complex concepts like bridging, gas fees, and intricate wallet setups. It also offers advanced tools for experienced DeFi users, including multi-chain wallet management and seamless swaps across various blockchains.
Binance’s Role
The boost to HOME’s price is partly due to Binance’s inclusion of HOME in its HODLer airdrops program. This program rewards users holding Binance’s BNB token with other crypto assets.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
/p>
