Binance, the world’s largest cryptocurrency broker, announced the listing of the Fusionist (ACE) token on Monday morning (18), which rose more than 30% following the news.
The native currency of the blockchain endurance it was also listed on OKX, another market giant, pushing the asset to the $15 mark this morning, up 32% in the last 24 hours.
According to a statement from Binance, users can now trade the ACE token with Bitcoin, USDT and several other tokens. The exchange’s move follows the inclusion of 40 other projects launched on Launchpool, which allows investors to stake BNB and FDUSD in separate pools, earning tokens over a five-day period.
“Users can now trade ACE against BTC, USDT and other tokens supported by Binance Convert zero rate.” — said Binance.
What is Fusionist (ACE)
According to the project website, Fusionist is a combination of a blockchain game (Fusionist) and a social infrastructure layer (Endurance).
“Fusionist is a AAA Web3 game developed by a group of seasoned industry veterans, utilizing Unity and HDRP technologies to bring a high-quality product and immersive gaming experience to all users.” — says the project.
Endurance claims to be a decentralized social blockchain, which has been in use since January 2023. The infrastructure layer offers various games and social networks.
Since its launch eleven months ago, Endurance has amassed more than 1.86 million holders and surpassed 100 million transactions.
ACE is the native token of the Endurance blockchain and can be used to spend or earn money in games, not limited to the main Fusionist game, but also upcoming games developed by the Fusionst team and partners.
The token can also be used for users to purchase goods and services in the Endurance ecosystem (social products, domains, etc.), in addition to its use for staking and governance.
As happened with the list of new cryptocurrencies, Binance warned about potential risks of ACE, applying the Seed Tag to the token. Such an assessment suggests a potential for greater volatility compared to other tokens listed on the platform.
“To access tokens marked with a Seed Tag or Monitoring Tag, users must pass the associated tests every 90 days on the Binance Spot and/or Binance Margin platforms and accept the terms of use. Quizzes have been set up to ensure ensure users are aware of the risks before trading tokens with seed tags and tracking tags.”
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
