{"id":23221,"date":"2025-04-22T15:47:15","date_gmt":"2025-04-22T15:47:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23221"},"modified":"2025-04-22T15:47:15","modified_gmt":"2025-04-22T15:47:15","slug":"this-altcoin-soars-by-double-digits-following-support-from-binance-upbit-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23221","title":{"rendered":"This Altcoin Soars by Double Digits Following Support From Binance, Upbit: Details"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">A low-cap altcoin has taken the main stage on X due to a massive surge over the past day or so.<\/span><\/li>\n<li>Its impressive price increase was likely triggered by backing from Binance and Upbit.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-393465\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Reacting to the News<\/h2>\n<p>Although most of the cryptocurrency market has turned green on a daily scale, one low-cap altcoin has stolen the show. DeepBook (DEEP) is not among the top 100 club, but has outperformed almost all assets from that list in the past 24 hours.<\/p>\n<p><span data-preserver-spaces=\"true\">Earlier today (April 22), its price was trading at around $0.09. Just an hour later, though, it jumped to a seven-week high of $0.16. DEEP\u2019s peak was short-lived, and it later retraced to the current $0.11, which represents a 22% ascent for the day.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_393466\" aria-describedby=\"caption-attachment-393466\" style=\"width: 586px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP-Price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-393466\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP-Price.png\" alt=\"DEEP Price\" width=\"586\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP-Price.png 846w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP-Price-300x205.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP-Price-768x524.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/DEEP-Price-50x34.png 50w\" sizes=\"auto, (max-width: 586px) 100vw, 586px\"><\/a><figcaption id=\"caption-attachment-393466\" class=\"wp-caption-text\">DEEP Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The rally was likely fueled by the support from the world\u2019s largest cryptocurrency exchange as Binance Futures <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/96c5a17661a2488f894189ad4ab3cb83\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">launched<\/span><\/a><span data-preserver-spaces=\"true\"> the DEEP\/USDT perpetual contract with up to 50x leverage. The product has no expiration date and allows traders to bet on the <\/span><span data-preserver-spaces=\"true\">price of the cryptocurrency<\/span><span data-preserver-spaces=\"true\"> without actually owning it.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The exchange clarified <\/span><span data-preserver-spaces=\"true\">that<\/span><span data-preserver-spaces=\"true\"> futures and spot token listings are not correlated. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> means that a cryptocurrency listed on Binance Futures does not guarantee that <\/span><span data-preserver-spaces=\"true\">it will be added<\/span><span data-preserver-spaces=\"true\"> to Binance Spot.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Upbit, which <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/upbit.com\/service_center\/notice?id=5055\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">listed<\/span><\/a><span data-preserver-spaces=\"true\"> the DEEP\/KRW trading pair earlier today, may have also <\/span><span data-preserver-spaces=\"true\">contributed to<\/span><span data-preserver-spaces=\"true\"> the asset\u2019s price <\/span><span data-preserver-spaces=\"true\">increase<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> Thus, South Korea\u2019s leading crypto exchange doubled <\/span><span data-preserver-spaces=\"true\">down on<\/span><span data-preserver-spaces=\"true\"> its backing for the token since it previously <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.upbit.com\/service_center\/notice?id=5042\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">introduced<\/span><\/a><span data-preserver-spaces=\"true\"> the DEEP\/BTC and DEEP\/KRW pairs.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Examples in the Past<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Support from major exchanges like the <\/span><span data-preserver-spaces=\"true\">aforementioned ones<\/span><span data-preserver-spaces=\"true\"> increases the liquidity of the involved cryptocurrencies, enhances their visibility and availability, and gives them a reputational boost.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this month, Binance <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/cat-themed-meme-coin-soars-after-binance-boost-heres-what-happened\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">placed<\/span><\/a><span data-preserver-spaces=\"true\"> the meme coin Cat in a Dogs World (MEW) in its Binance Alpha section \u2013 a platform within the exchange\u2019s ecosystem that serves as a pre-listing selection pool. <\/span><span data-preserver-spaces=\"true\">The<\/span><span data-preserver-spaces=\"true\"> token\u2019s price rallied by 15% <\/span><span data-preserver-spaces=\"true\">shortly after the inclusion<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In February, Upbit <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-popcat-and-pengu-skyrocket-after-securing-major-exchange-listings\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">introduced<\/span><\/a><span data-preserver-spaces=\"true\"> the trading pairs TRUMP\/KRW, TRUMP\/BTC, and TRUMP\/USDT. <\/span><span data-preserver-spaces=\"true\">The<\/span><span data-preserver-spaces=\"true\"> meme coin launched by US President Donald Trump pumped by 10% <\/span><span data-preserver-spaces=\"true\">following the announcement<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/this-altcoin-soars-by-double-digits-following-support-from-binance-upbit-details\/\" rel=\"nofollow\">This Altcoin Soars by Double Digits Following Support From Binance, Upbit: Details<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR A low-cap altcoin has taken the main stage on X due to a massive surge over the past day or so. Its impressive price increase was likely triggered by backing from Binance and Upbit. Reacting to the News Although most of the cryptocurrency market has turned green on a daily scale, one low-cap altcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23221","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23221"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23221\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}