NFT marketplace token SuperRare soars 176% amid Binance listing

October 27, 2021

NFT marketplace token SuperRare soars 176% amid Binance listing

Cryptocurrency exchange Binance announced the listing of SuperRare (RARE) token from the NFT-marketplace of the same name. The coin reacted by rising 176% to $3.79, according to CoinMarketCap.

At the time of writing, the RARE token is trading at $3.35. The asset has reached a capitalisation of $340 million.

In August, the RARE token gained more than 900% in a 24-hour period following its issuance. The token is currently trading at more than $3.5.

The SuperRare Marketplace provides access to trade non-exchangeable tokens and the ability to put its collection on public display.

Recall that in March, the platform raised $9 million in a Series A funding round with the participation of billionaire Mark Cuban, investor Chamath Palihapitiya and others.

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About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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