Crypto exchange giant Binance has launched its own social application Binance Messenger with a surprise move. The social application named Binance Messenger, built on CyberConnect (CYBER), can currently be downloaded from the App Store for iOS.
Crypto exchange Binance has launched its own social application called Binance Messenger, built on CyberConnect. Binance Messenger, touted as a single application for search, meetups, and messaging, allows users to communicate with each other anytime, anywhere. Binance’s social application provides seamless conference experience for its users and serves as an effective communication channel for team members.
Binance Messenger can be downloaded from the App Store for iOS devices, but it is not yet available on Google Play Store for Android devices. However, it is expected that the social application will soon be available for Android devices as well.
CYBER Price Surges Following Binance Messenger
The launch of Binance Messenger and the fact that the application is built on CyberConnect have caused a sharp increase in the price of the protocol’s service token, CYBER. According to CoinMarketCap data, CYBER, which was trading around $6.16 before the appearance of Binance’s social application, saw a rise after the development. The price of the altcoin increased by 12.76% to $6.76.
CyberConnect is the oldest and largest social network of Web3, enabling developers to create social applications using ERC-4337/Account Abstraction and allowing users to have digital identities, content, connections, and interactions.