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Today, we are experiencing a busy day in the cryptocurrency world. Binance has listed another cryptocurrency. The listed altcoin is LayerZero (ZRO). Most investors were curious about the opening price. The listing just happened, and trading has begun. Let’s look at the details.
Binance Lists LayerZero
As soon as the ZRO/USDT pair opened for trading on the Binance cryptocurrency exchange, we saw the price rise to $5.62. However, the price then pulled back a bit. At the time of writing, it was trading at around $4.08.
Binance had to make two announcements for ZRO today. The first announcement stated that the listing would occur at 15:00, while the second announcement moved the listing time one hour forward, stating that trading for ZRO would open at 16:00.
For ZRO, a project closely followed by airdrop hunters, the next phase will depend on the price of Bitcoin, the leader of the cryptocurrency world. I believe it would be wise to wait a few days to determine the fair value of the ZRO price.
