These 7 Altcoins On Binance Jump With Important News!

This week concludes with new announcements from giants like Cardano and Decentraland. What Bill Gates said about AI technology also fueled the rally of Artificial intelligence (AI) tokens. In this article, let’s list the current news from the altcoin projects on the Binance list.

Featured altcoin projects on Binance list on January 13

Phantom (FTM)

In the first news, DeFi platform Fantom (FTM) gained around 13% with a tweet from legendary developer Andre Cronje. Cronje, founder of Fantom, Yearn.finance and Keep3rV1, made a convincing case for developers to develop Fantom in a January 13 tweet. “Why should we build on Phantom?” and posted a screenshot highlighting the numerous benefits this can bring.

Its closely-followed developer has been successful in driving the Phantom price into action with his article below.

Cardano (ADA)

The Pos Blockchain giant is showing a 22% increase in its weekly growth data. The ADA price has gained over 20% since the start of the year alone. Based on the current price hikes, Cardano fulfills the mission for which it was created, embodied in its design as a proof-of-stake blockchain platform that says its purpose is to allow “changers, innovators, and visionaries.”

This price rally may be linked to Cardano’s network upgrades. One of the upgrades or protocol enhancements was recently announced by Input Output Hong Kong (IOG), the blockchain firm that oversees the development of the Cardano protocol:

SingularityNET (AGIX)

The Cardano-based AI project has announced plans to enable cross-chain interoperability on Ethereum and Cardano. The platform’s plans are ambitious and directly influence Cardano.

According to the official announcement, AGIX-ADA staking on Cardano will be launched soon, i.e. in the first quarter of 2023. AGIX is the native token of the artificial intelligence services market developed by SingularityNET. Prior to this, a bridge was launched between the Ethereum and Cardano networks, allowing AGIX to be converted between them. Subsequently, the AGIX-ADA rewards program was also launched. Projects operating in the field of AI are rallying after the founder of Microsoft, Bill Gates, whom we referred to as Kriptokoin.com, clarified that he would invest.

Decentraland (MANA)

In a significant development from the metaverse market, MANA began to outperform competing projects. MANA price is up 13% in the last 24 hours and is trading at $0.4494 at the time of writing.

The price increase came as Decentraland rolled out new features for users on Thursday. The update brings new profile features and avatar functions. The update did not directly increase Decentraland user numbers or change the MANA token’s value proposition.

aptos (APT)

Another metaverse project, Aptos (APT), was one of the high-performing altcoins in the last 24 hours. APT price rose more than 35% on the day to surpass $7.00. In terms of price action, Aptos could be one of the best performing altcoins when compared to its proximity to the ATH level. The Metaverse coin hit a peak price of $10.25 about three months ago, and at current prices, Aptos is just 34.87% away from retesting this new peak.

The growth of Aptos is particularly driven by the growing utility of the Blockchain protocol and the now apparent popularity of the APT token. At the time of writing, the price was still maintaining its momentum throughout the day.

Fetch.ai (FET)

Another AI token that rallied with the statements of Bill Gates was Fetch.ai (FET). According to CMC data, the FET is holding its last 24-hour gain at around 15% at the time of writing, after rising about 30% during the day. We have included the details in this article.

Shiba Inu (SHIB)

In another development that stands out today, SHIB became the subject of loaded whale transactions, according to data provided by Whale Alert. Whale watching long reported that during the day a huge whale transferred 3.3 trillion SHIB tokens to a new wallet.

A total of 3,323,256,285,484 Shiba Inu transported were transferred to a vacant address, so we can say that a new Shiba Inu whale has appeared, which costs $30,458,751 in SHIB equivalent.

Meanwhile, in a transaction earlier this week, the whale transferred 4,000,000,000,000 Shiba Inu to the ShibaSwap DEX for Binance staking. This amount of SHIB tokens means around $36.2 million in funds.