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Top crypto exchange Binance has announced trading rewards for specific AI tokens. A newly launched promotion would allow new and existing users to trade these AI tokens on Binance Spot and partake in a 10,000 $USDT reward pool in token vouchers.
According to the announcement, the promotion is for all new users, as well as existing regular and VIP 1-3 users who have not traded on Binance Spot in the past 90 days.
Start trading AI tokens on #Binance to earn your share of $10,000 $USDT.
— Binance (@binance) November 20, 2023
Click below for all the details!
👉 https://t.co/To80eBFML6 pic.twitter.com/XQTK0BRmv3
A total of 10,000 $USDT in token vouchers is available with this promotion, which runs from Nov. 20 at 9:00 a.m. UTC to Nov. 27 at 8:59 a.m. UTC.
The promotion applies to spot trading pairs of AI tokens such as SingularityNET (AGIX), Cortex (CTXC), Fetch.AI (FET), Measurable Data Token (MDT), Numeraire (NMR), OCEAN, Phoenix (PHB), iExec $RLC ($RLC) and Worldcoin ($WLD).
According to Kaiko research, AI tokens surpassed $2 billion in weekly trade volume for the first time since March, led by World Coin ($WLD) and Render (RNDR).
The price of $WLD fluctuated dramatically as a result of the news surrounding OpenAI former CEO Sam Altman. The market maker GSR deposited a total of 1.83 million $WLD worth $4.47 million to exchanges in the last 24 hours, according to on-chain data.
Other AI tokens were reporting price gains as a result of the recent volatility on the crypto AI market.
Cortex, which provides an open-source AI platform for AI democratization by allowing models to be easily incorporated into smart contracts, is up 10% in the last 24 hours to $0.187.
Measurable data token (MDT), an AI token, has increased by 7.32% in the last 24 hours to trade at $0.051. Its trading volume has also increased by 152% in the past 24 hours.
Crypto AI token Ocean Protocol (OCEAN) has increased 11.51% in the last 24 hours to trade at $0.476. Its trading volume was also 138% higher in this time frame.