Binance Invests In This Altcoin: Its Price Has Shot!

Binance Labs has announced a new altcoin project in which it will invest strategically. The related cryptocurrency is rallying over 40% independent of the market overall.

This altcoin received strategic investment from Binance Labs

Binance Labs is making a strategic investment in the well-known Web3 infrastructure provider Ankr Protocol (ANKR). Ankr is a pioneering altcoin project focused on the Web3 space. The protocol provides communication between dApps, wallets, and the blockchains they need for crypto-based games. The announcement came from Binance Labs’ official Twitter account recently. ANKR price is currently rallying over 40%…

Ankr (ANKR) price started rally after Binance news

ANKR is one of the altcoin projects prepared for the top 100 by market capitalization. Following Binance Labs’ strategic investment plans, it is one step closer to this goal. ANKR price gained more than 40% in a short time after the announcement. It is currently trading at $0.04833.

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Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing amknews.com site 3 months ago.