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Binance Alpha adds MarsCoin as platform shows $20.75 million market cap

Binance Alpha adds MarsCoin as platform shows $20.75 million market cap

MarsCoin, a meme coin on BNB Smart Chain, jumped after Binance Alpha announced a listing, though inclusion on Alpha does not guarantee a spot on Binance's main exchange.

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Fact Check
The odaily newsflash carries the exact claimed figures: Binance Alpha listed MarsCoin, market cap 20.75 million USD (2075万美元), 24H gain 514%. Multiple independent outlets (BlockBeats, CoinNess) corroborate the listing itself, and a companion BlockBeats flash reports a similar magnitude gain (~525%) and market cap (~$25M) captured slightly later. Minor numeric variation across outlets reflects different real-time snapshots of a volatile new token rather than a genuine conflict.
Summary

MarsCoin, a meme coin on BNB Smart Chain, surged after Binance Alpha announced it would list the token on July 30. The token briefly rose more than 500% from the previous day following the news and was trading around $0.0197 as of 5:18 p.m. Korea time, up about 350% day-on-day, according to Binance Wallet. Binance Alpha selects tokens from early-stage crypto projects based on market trends and other factors, but a listing on the venue does not necessarily lead to a listing on Binance's main exchange. Earlier platform information cited in the existing topic showed MarsCoin with a $20.75 million market capitalization and a 24-hour gain of 514% on Binance Alpha's interface.

Terms & Concepts
  • Binance Alpha: A Binance venue that highlights selected early-stage crypto projects and token listings.
  • BNB Smart Chain: A blockchain network used for tokens and decentralized applications within the BNB ecosystem.
  • market capitalization: The total value of a token based on its market price and circulating supply.