Small-Cap Altcoin GoChain (GO) Wins Binance Community Coin Listing
Small-cap altcoin GoChain (GO), a blockchain platform that boasts 1,300 transactions per second, will be listed on Binance this month after winning the exchange’s 9th Community Coin of the Month competition.
— Binance (@binance) September 4, 2018
According to the announcement, GoChain beat out 4 other altcoin contenders, including Byteball (GBYTE) and Cortex (CTXC), to win the free listing. The exchange also notes that it will reveal more regarding the listing time at a later date.
Shortly after being listed as a Binance contender, GoChain announced that it had been listed on Bittrex, the 32nd largest crypto exchange by total trading volume. The announcements were enough to power GoChain’s price up over 140% in under a week.
However, GoChain has been hit with the rest of the market following a recent report indicating that Goldman Sachs is halting plans to pursue a Bitcoin trading desk, and is currently down more than 15% over the last day.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.