Binance conducted the StakeStone token generation event today.
The STO token’s initial price is valued at $0.02. Crypto exchange token listing and token generation events often sparked a new interest in crypto investors. Binance is the top crypto exchange platform in terms of the daily trading volume. Binancetoken listingannouncements triggered price rallies in numerous cryptocurrencies. However, whether the crypto token sustains its price rally or faces a sharp correction depends on the strength of its fundamentals.
Binance announced the StakeStone project’s token generation event, offering market support for the new token. The announcement was made fromBinance Walletofficial X account earlier today. Some of the key details of the announcement includes the TGE timings of 8:00 am – 8:30 am UTC on April 3, 2025. The exchange made an elaboratedannouncementof its website and included StakeStone subscription details. Around 5% of the total supply distribution took place in the TGE with an initial STO token price of $0.02. And, the event generated a total of $1,000,000 amount in BNB.
BingX Joins StakeStone TGE
Another noteworthy crypto exchange BingX alsoannouncedStakeStone TGE yesterday. This event started yetserday on April 2 and will continue till April 7. The backing of BingX along with a top crypto exchange platform like Binance provide a string foundation to the StakeStone project.
The project aims to transform how liquidity is distributed in the crypto market. Its vision is to create a market where efficient, sustainable, and organic liquidity is the reality. The native STO token acts as a governance token for the project. Overall, the project kickstarted with the support of two major crypto exchanges.