Binance to List 2 New Altcoins — One Soars 60% Before Trading Even Begins
Binance announced the listing of Lorenzo Protocol (BANK) and Meteora (MET), causing BANK to surge over 60% before trading commenced.Summary
Binance is listing two new tokens, Lorenzo Protocol (BANK) and Meteora (MET), both carrying the high-risk Seed Tag, which sparked immediate price action. Ahead of the 14:00 UTC listing, BANK surged over 60%, while MET rose nearly 10%, reflecting strong speculative interest. The article notes that BANK's significant outperformance might be due to recent negative press and FUD surrounding MET, including concerns over its airdrop allocation involving wallets linked to TRUMP meme-coin insiders and a lawsuit involving the Meteora founder. Binance confirmed trading pairs (e.g., BANK/USDT, MET/USDT) will open at 14:00 UTC, with withdrawals starting November 14. Users must complete a Seed Tag quiz to trade these volatile new assets, which were previously featured on the Binance Alpha Market.
(Source：BeInCrypto)