EigenLayer native token EIGEN price jumps nearly 15% on debut, making a high of $4.53. Crypto exchanges Binance and Coinbase are expanding support for the token, but the largest holder Justin Sun has started dumping tokens he received in airdrops. Will this trigger a crash in EIGEN price?
Binance & Coinbase Adds EigenLayer (EIGEN) to Products
Ethereum liquid staking platform EigenLayer makes a spectacular debut on October 1, with the EIGEN price rising almost 15%. Crypto exchange Binance, Coinbase, and other crypto firms such as ether.fi expands support for the EIGEN token.
Binance has announced adding EIGEN on several products including Earn, Buy Crypto, Convert, Margin & Futures. The exchange has already added the token as a new borrowable asset on Cross and Isolated Margin, alongside listing EIGEN/USDT and EIGEN/FDUSD pairs.
The exchange will also launch the USD-M EIGEN perpetual contract with up to 75x leverage, with USDT as the settlement asset.
Meanwhile, Coinbase has beg
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