Binance's Impact on Cryptocurrencies - Voxies (VOXEL) Up Over 100% Today
Voxies (VOXEL) is a cryptocurrency that has been around in the crypto world for many years, but it was recently listed on Binance and managed to attract attention by increasing by more than 100% on the day it was listed.
In fact, many cryptocurrencies listed on Binance are making a similar rally, which clearly shows Binance's influence on cryptocurrencies, but it is interesting that Voxies, which has been in the crypto world for a long time and has been in a downward trend for a long time, has made such a rise. I wonder if people are investing because the project is good or because it is listed on Binance.
VOXEL is currently trading at $0.2185. It managed to rise to $0.269 today before falling back to around $0.21, but even now it looks like it's up more than 100% from yesterday. I have no doubt that Binance has had a huge impact on cryptos, especially when they first listed, but even though it was very effective in the beginning, good projects survive and bad ones eventually go to waste.
Let's see if Voxies can continue to inspire confidence in its investors. We'll wait and see.
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