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Binance Alpha Lists Infrared Token with $55 Million Market Cap

Binance Alpha adds Infrared Finance (IR) to its platform, expanding available crypto offerings with the new listing.

Summary

Binance Alpha has listed Infrared Finance (IR), adding the token to the exchange’s roster of tradable assets. This marks a new step for Infrared Finance as it gains exposure on a major platform.

Terms & Concepts
  • Token Generation Event (TGE): A launch process where a blockchain project issues and distributes its tokens to the public or investors.
  • Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its current price by its total circulating supply.