GoPlus Security’s (GPS) token surged 25% in the past 24 hours, climbing from $0.1284 to $0.1609.
The rally in GoPlus Security (GPS) comes after Binance confirmed it will list the token on March 4 at 13:00 UTC. While the global crypto market is bleeding as Bitcoin (BTC) dips to the $83,000 zone once again, GoPlus Security’s native token, GPS, has defied the trend with a sharp 16% jump in the last 24 hours. The surge came after Binance, the world’s largest crypto exchange by trading volume, revealed plans to list GPS. GoPlus Security is known for providing decentralized security solutions for Web3 users. Trading for GPS will officially go live on Binance on March 4 at 13:00 UTC, with pairs including USDT, USDC, BNB, FDUSD, and TRY. Additionally, Binance will airdrop GPS tokens to BNB users an hour before trading begins.
GPS Token Hits $0.1609 Before Settling at $0.1460 Following the Binance listing announcement, the GPS token spiked over 25%, hitting an intraday high of $0.1609 from a low of $0.1284, according to CoinMarketCap data. The last time GPS crossed the $0.15 mark was back in February. Over the past week, the token has gained 14%, although it’s still down 24% over the past month.
GoPlus Security (GPS) Price Chart (Source: CMC) As of now, GPS is trading at $0.1460 with a market cap of $264.76 million. Its daily trading volume has skyrocketed by over 540%, reaching $48.17 million. Since its launch on January 16, GPS has grown to a market cap of $264M and a fully diluted valuation of $1.4B. However, Binance is listing GPS with a “seed tag,” indicating that it’s a relatively new project with higher potential risk compared to more established tokens. Interestingly, just a day before Binance announced the GPS listing, Binance Founder Changpeng Zhao “CZ” shared a GoPlus Security post about security concerns regarding Ronaldinho’s STAR10 token on Binance Smart Chain that sparked speculation in the market. Highlighted Crypto News Today: GoPlus Security (GPS) Reveals Security Threat Behind Ronaldinho Memecoin