Binance has ignited a risk debate by offering high-leverage trading on
REI Network Token. With its recent listing on Binance Futures, the price of REI appreciated by 20%. As a result, the altcoin, which is relatively lesser-known, witnessed a staggering 100% upward spike within 24 hours, spurred by strategic partnerships and the listing of its perpetual contract on a noted exchange garnering
REI Network significant market attention.
REI continues to bask in the limelight, as it made news following the kick-off of its mainnet, complemented by a $1.5 million bug bounty program and a node election campaign. This comes alongside news of the company undergoing a reorganization of its experiences division, resulting in seven employee layoffs, and the issue of new minted coins stamped with 'Reiwa', the new imperial era in Japan. Important collaborations, such as the outdoor supply co-op REI's forthcoming arrival at Summit in Birmingham and a strategic partnership between REI and Stratos, have kept the company in news.
However, mixed news headlines reflect the volatility in the crypto space, demonstrated by the reinstatement of $154m stolen by a Japanese Bitcoin thief, the delisting of multiple trading pairs by Binance, and losses incurred by Bitcoin as the bull market intensifies.
REI Coin News Analytics from Thu, 13 Apr 2017 07:00:00 GMT to Fri, 15 Nov 2024 12:45:52 GMT -
Rating 7
- Innovation 6
- Information 4
- Rumor -2
