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Binance Expands AI Crypto Offerings with Swarm Network’s TRUTH Token Launch

Binance Expands AI Crypto Offerings with Swarm Network’s TRUTH Token Launch

Published:
2025-10-08 02:02:34
20
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In a significant development for the cryptocurrency and artificial intelligence sectors, Swarm Network's TRUTH token is set to make its debut on Binance's trading platforms on October 1. The native asset of the Agentic AI platform will first launch on Binance Alpha at 12:00 p.m. UTC, followed by TRUTH/USDT perpetual contracts with substantial 50× leverage on Binance Futures just 30 minutes later. This dual-listing approach represents a strategic move by Binance to cater to both early adopters and sophisticated traders seeking leveraged exposure to the emerging AI cryptocurrency space. The TRUTH token enters the market with a fixed total supply of 10 billion tokens at launch, establishing clear scarcity parameters from the outset. Notably, 2% of this supply has been allocated for community airdrops, demonstrating Swarm Network's commitment to fostering widespread distribution and community engagement. This airdrop strategy could potentially drive initial liquidity and user adoption while rewarding early supporters of the platform. What makes this launch particularly noteworthy is the backing by Sui, which adds significant credibility to the Swarm Network project. The integration with Binance Alpha, the exchange's platform for discovering and trading new digital assets, provides TRUTH with immediate access to one of the largest cryptocurrency user bases globally. The subsequent listing on Binance Futures with 50× leverage offers traders amplified exposure opportunities, though it also carries corresponding risks that participants should carefully consider. This launch comes at a time when AI-related cryptocurrencies are gaining increased attention from investors seeking exposure to the intersection of artificial intelligence and blockchain technology. The timing of the listing, combined with Binance's extensive market reach and the project's Sui blockchain backing, positions TRUTH for potentially significant trading volume and market attention. As the October 1 launch date approaches, market participants will be watching closely to see how this new AI-focused digital asset performs in its initial trading sessions and whether it can establish a strong foothold in the competitive cryptocurrency landscape.

Sui-Backed Swarm Network's TRUTH Token to Launch on Binance Alpha and Futures

Swarm Network's TRUTH token, the native asset of the Agentic AI platform, will debut on Binance Alpha and Binance Futures on October 1. Trading begins at 12:00 p.m. UTC on Binance Alpha, followed by TRUTH/USDT perpetual contracts with 50× leverage on Binance Futures 30 minutes later.

The token's total supply is capped at 10 billion at launch, with 2% allocated for community airdrops. Binance Alpha participants may qualify for an airdrop based on accumulated Alpha Points, though distribution details remain undisclosed.

While strong performance could lead to a future spot listing, Binance clarifies that inclusion in Alpha or Futures doesn't guarantee main exchange admission. The launch positions TRUTH among a select group of AI-focused tokens gaining traction across major trading platforms.

ALGO Trading Update: Algorand Shows Signs of Recovery Despite Recent 8.8% Weekly Decline

Algorand's ALGO token is showing tentative signs of stabilization after a turbulent week, with a 2.78% daily gain bringing its price to $0.21. This upward movement comes despite an 8.8% weekly decline, suggesting potential support levels may be forming.

Technical indicators present mixed signals, with Binance spot markets revealing increased volatility between $0.20 and $0.21. Trading volume of $3.9 million indicates moderate participation as market sentiment begins to stabilize following broader cryptocurrency market pressures.

The recent price action appears driven more by macroeconomic factors than Algorand-specific developments. Market participants are watching the ALGO/USDT pair closely for confirmation of whether this represents a true reversal or temporary respite in the downward trend.

WIF Technical Breakdown: Divergence from Broader Crypto Market Trends

dogwifhat (WIF) trades at $0.72, showing a slight 0.28% decline over 24 hours while oscillating between $0.75 and $0.71. This muted performance contrasts with the volatility seen across major cryptocurrencies, leaving WIF's market position ambiguous—neither leading nor lagging decisively.

Divergence from Bitcoin's price action underscores WIF's atypical behavior. Where most cryptocurrencies MOVE in lockstep during market stress, WIF charts its own course. Binance spot markets report $13.8 million in 24-hour volume, confirming persistent trader interest despite stagnant price movement.

Technical patterns suggest impending breakout potential independent of macro market sentiment. The meme coin's consolidation NEAR key levels defies correlation norms, hinting at unique demand dynamics beneath the surface.

Lido DAO Price Action: Technical Breakout Signal Emerges as LDO Tests Critical Support

Lido DAO's LDO token ROSE 4.55% to $1.12 amid neutral technical indicators, with the Relative Strength Index at 43.53 suggesting potential upside. Trading volume reached $8.3 million on Binance spot markets, reflecting moderate interest.

The move appears technically driven, lacking fundamental catalysts. A strong support confluence at $1.02 establishes a critical floor for bulls. Market participants are closely watching for confirmation of a reversal pattern as LDO tests key levels.

Decentralized Exchange Aster Surpasses Tether in Daily Revenue Amid $185B Trading Week

Aster, the decentralized perpetuals exchange backed by Binance founder Changpeng Zhao, has outpaced Tether in daily revenue generation. Over the past 24 hours, Aster emerged as the top revenue-generating protocol, eclipsing stablecoin giants Tether and Circle, according to DeFiLlama data.

The exchange recorded $93.5 million in fee revenue over the last week, trailing only Tether's $154.5 million. By contrast, Hyperliquid, the long-standing leader in perpetuals trading, managed just $26.1 million during the same period. Aster's revenue surge coincided with $185 billion in weekly trading volume—more than double Hyperliquid's $80.5 billion.

Zhao positions Aster as a direct competitor to Binance rather than Hyperliquid, citing its rapid liquidity migration and decentralized structure. The exchange's success could bolster the BNB ecosystem, given Zhao's advisory role and his family office's involvement.

Celestia's TIA Defies Altcoin Weakness With Resilient Price Action

Celestia's TIA token demonstrates atypical strength in today's mixed crypto markets, holding steady at $1.41 with a 1.51% gain while other altcoins struggle. The modular blockchain project shows signs of institutional accumulation, with Binance spot volume reaching $6.8 million despite trading well below its $4.89 yearly high.

Technical analysis reveals TIA's consolidation pattern between $1.37-$1.44 contrasts sharply with broader layer-one token weakness. The token maintains critical distance from its $1.35 annual low, displaying what traders describe as 'accumulation behavior' rather than speculative trading patterns.

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