Binance Backs This Altcoin’s Network Upgrade, Increasing Token Supply
The top cryptocurrency exchange Binance announced it will support a crypto project's network upgrade this month.
Binance will support the Viction (VIC) network upgrade and hard fork set for October 29, 2024.
To ensure a smooth process, Binance will pause VIC deposits and withdrawals at 10:00 AM, with the upgrade expected around 11:00 AM.
Post-upgrade, the token supply will rise from 100 million to 210 million, with 20 million tokens immediately added to circulation.
A risk warning will appear for VIC traders, but trading will remain unaffected. Binance will handle all technical adjustments automatically, and deposits and withdrawals will resume once the network is stable.
READ MORE:
Shiba Inu Braces for Volatility as Exchange Transfers SurgeThis upgrade aims to adjust Viction’s tokenomics and improve network functionality, with Binance ensuring a seamless transition for users.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nexchain Raises $1.5 Million in Presale: Is This the Top ICO of 2025?
Nexchain has actual tech, a trustworthy team, a clear plan, and a utility and long-term coin. Its $1.5 million early success is more than hype, it shows that seasoned investors see the possibilities.Nexchain: Best Crypto ICO of 2025Other Major Crypto Presales to Look Out ForFinal Words: Nexchain, the High-Potential ICO to Invest In
Anchorage Digital Buys USDM Issuer Mountain Protocol
Anchorage Digital acquires Mountain Protocol to boost its stablecoin portfolio with regulated USDM.Anchorage Digital Expands with Mountain Protocol AcquisitionWhy This Acquisition MattersA Growing Role in Crypto Banking
$6B USDT Inflows Spark Altcoin Surge
Tether injects $6B into the market, fueling altcoin momentum as Ethereum gains dominance.Altcoin Rally Fueled by USDT InjectionsEthereum Gains, Bitcoin Loses GroundAltcoins Catch the Momentum
Can Unstaked 1000x & Hit Top 30 Market Cap? Analysts Think So – More on Ethereum Insights, Pi Price Surge
Unstaked’s $0.008481 presale could deliver 1000x returns and a top 30 market cap. Get expert insights on Ethereum’s Pectra upgrade and the latest Pi (PI) price surge.Unstaked: The Next MATIC Moment?Ethereum (ETH) Insights: Pectra Upgrade Sparks OptimismPi (PI) Price Surge: Can It Break Out of Consolidation?Wrapping Up
Trending news
MoreCrypto prices
More
