The price of the cryptocurrency has risen sharply after listing on the Binance crypto exchange. The asset is currently trading at 4500% above the starting price
On Monday, June 7, the Automata token rate on Binance instantly jumped 12,350%, to a historic high of $ 4.5, and then declined. This happened at the time of the opening of trading with the asset. As of 12:40 Moscow time, the cryptocurrency is trading at $ 1.9 per coin.
A week ago, Automata was presented on the Binance Launchpool platform. Users can use BNB, BUSD and DOT to stack ATA tokens. This means that ATA coins are credited for storing altcoins in certain pools.
Cryptocurrencies that are listed on Binance after the Launchpool platform often show high returns. For example, in mid-March, the Alice cryptocurrency went up in price by 60,000% in a minute, to $ 60. Altcoin is currently trading at $ 6.