Three crypto wallets are making headlines this week, all for different reasons.
Over 40% of tokens listed on Binance Web3 Wallet’s new feature, Binance Alpha, experienced major value drops, leading many to question the platform’s reliability.
In contrast, Plus Wallet has become highly popular among active traders for its advanced trading tools and cross-chain support, helping them stay ahead of the market. The platform also offers rewards on every single trade, users just need to download the app to start earning!
Meanwhile, Crypto.com news shows the company has introduced a CFTC-regulated sports event trading product, allowing U.S. users to trade predictions on major events like the Super Bowl LIX.
Token Losses Cast Doubt on Binance Web3 Wallet
Traders are increasingly questioning whether projects listed on Binance Alpha—Binance’s Web3 Wallet’s new feature that provides early access to newly listed tokens—are worth investing in. Over 40% of the 29 new tokens listed recently have seen massive drops in value. While 17 tokens have shown positive returns, 12 have experienced a decrease in their Fully Diluted Valuation (FDV).
Tokens like BOB and BANANA saw sharp declines, fueling doubts about the potential of Binance Alpha projects. Analysts suggest the platform could benefit from focusing on higher FDV tokens and implementing a delisting mechanism to ensure its offerings remain promising for investors.
Recent Crypto.com news shows the platform is launching a sports event trading product that lets U.S. users trade predictions on sports outcomes, including the Super Bowl LIX. This is the company’s first move into the sports event trading market, building on the popularity of event contracts during the presidential election.
The product is CFTC-regulated and operates similarly to Crypto.com’s proprietary platform. With millions of active sportsbook accounts during last year’s Super Bowl weekend, Crypto.com hopes to attract new users by offering an innovative way to engage with sports events through its app and website.
Plus Wallet: Full Control & Greater Efficiency
In today’s fast-moving market, responding quickly to changes is essential for staying ahead and growing earnings. However, traditional wallets lack the tools needed for this, and newer options can be expensive and complex for newcomers.
Plus Wallet addresses these challenges with a streamlined approach that makes trading and tracking assets easier and more rewarding. Its unified view lets users track all their assets in one place, staying organized and efficient. The app also features custom alerts for price changes, so users can be notified when their assets reach the desired price, without having to constantly monitor their holdings.
Moreover, Plus Wallet’s cross-chain functionality opens up a wide variety of assets across different blockchains, providing more flexibility and trading opportunities.
Unlike traditional wallets that are restricted to a single network, Plus Wallet enables users to manage their portfolios seamlessly from one platform, eliminating the need for multiple wallets. Additionally, users can earn easy passive income through its innovative rewards scheme, which offers rewards for every trade—learn more about its endless rewards here!
Whether tracking price changes or exploring new assets, Plus Wallet puts users in control of their crypto. Its simple interface and cross-chain access make it one of the best crypto wallets for both newcomers and experienced traders seeking greater freedom, gains and efficiency today.
The Bottom Line
Crypto.com’s news of a sports event trading product provides U.S. users with a fresh way to engage with sports outcomes. Meanwhile, the underperformance of tokens on Binance Web3 Wallet’s Binance Alpha highlights the need for a more careful selection process to ensure the platform features reliable projects. This incident also highlights a need for truly reliable crypto wallets.
Plus Wallet addresses this need perfectly, offering custom alerts, a unified view of assets, and cross-chain flexibility—all in one app. Plus, with rewards for every trade, users can continuously increase their earnings. This combination of freedom, flexibility, and control makes Plus Wallet the best crypto wallet for those looking to stay on top of the market and maximize gains today.
Explore Plus Wallet:
Website: https://pluswallet.app/
Download: https://pluswallet.onelink.me/8QWS/install
Twitter: https://x.com/pluswalletapp
Instagram: https://www.instagram.com/pluswallet.app/
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