Binance Continues Forward with New CEO and Announces 40th Project on Launchpool - Latest cryptocurrency news

Binance Continues Forward with New CEO and Announces 40th Project on Launchpool

Despite facing challenging times last month, Binance moves forward unabated with its new CEO. The 40th project of Binance Launchpool has now been announced. The new altcoins supported by Binance could see significant increases in the upcoming bull season.

As the 40th project of Binance Launchpool, Fusionist (ACE) has been announced. ACE is the native token of the decentralized gaming/social blockchain Endurance, which will host the web3 AAA game Fusionist. The focus is once again on Web3 and decentralized structures.

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Although Binance is the largest centralized exchange, it supports decentralized initiatives to a great extent and believes that they will capture significant market shares in the future. Many projects in this field have received investments through Binance Labs.

Starting from December 13th, at 00:00 (UTC), users will be able to stake their BNB or FDUSD for 5 days to earn ACE Coin. As you know, as of Friday, BUSD will no longer be on the exchange, and alternatives like FDUSD will be used instead.

7% of the token supply will be given to stakers, and the maximum supply will be 147 million. When listed, 14.95% of the supply, which is 21,969,520 tokens, will be in circulation.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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