- Binance unveils its latest listing with the introduction of the new Megadrop project.
- The platform has added Lista (LISTA), a liquid staking and decentralized stablecoin protocol, to its offerings.
- In an impressive debut, the LISTA token surged significantly upon its market entry.
Discover the latest addition to Binance’s Megadrop roster and its significant market impact.
Binance Introduces LISTA Under New Megadrop Initiative
On June 20th, Binance, the world’s largest cryptocurrency exchange, listed the liquid staking and decentralized stablecoin protocol Lista (LISTA) as part of its second Megadrop project. The listing includes trading pairs such as LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY, available under the “seed tag.”
Market Debut and Initial Performance
According to data from Binance, LISTA was initially priced at $0.020 per token. However, upon its debut, it experienced a remarkable surge, opening at $0.72, which marks a 3,475% increase. Following this peak, the price saw a slight correction and, at the time of writing, is trading at approximately $0.70.
Staking Requirements for URL Investors
For users interested in acquiring LISTA, staking in BNB or FDUSD was a prerequisite. Notably, the total supply of LISTA is capped at 1 billion tokens, with 100 million allocated as rewards under the Megadrop program. The initial circulating supply available for trading was 230 million tokens.
Wider Availability Across Leading Exchanges
Although LISTA began its trading journey on Binance, it has also been listed on other significant cryptocurrency exchanges such as OKX, HTX, and KuCoin. The detailed release price, due to the absence of a presale, remains undisclosed. Users can take advantage of a 20% transaction fee discount on Binance and earn rewards from new Launchpool projects by signing up via the provided link.
Conclusion
The addition of LISTA to Binance’s Megadrop project signifies the platform’s ongoing commitment to diversifying its offerings and introducing innovative financial instruments to the market. With its initial stellar performance, LISTA has caught the attention of the crypto community, and its future trajectory will be closely monitored by investors and analysts alike.
