
{"id":110708,"date":"2025-11-05T15:50:22","date_gmt":"2025-11-05T15:50:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110708"},"modified":"2025-11-05T15:50:22","modified_gmt":"2025-11-05T15:50:22","slug":"this-cryptocurrency-explodes-by-160-after-backing-from-binance-details-here","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110708","title":{"rendered":"This Cryptocurrency Explodes by 160% After Backing From Binance: Details Here"},"content":{"rendered":"<p>The cryptocurrency market is a sea of red today (November 5), with most leading digital assets posting substantial losses after yet another market collapse.<\/p>\n<p>However, one lesser-known altcoin has soared by triple digits following support from the biggest crypto exchange.<\/p>\n<h2>The Impressive Pump<\/h2>\n<p>Binance <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/c18b1bfd706648189e9f7ac9097351cc\">added<\/a> Momentum (MMT) to various programs, including Binance Simple Earn, \u201cBuy Crypto,\u201d Binance Convert, Binance Margin, and Binance Futures.<\/p>\n<p>The announcement triggered a major rally for the digital asset, whose valuation briefly skyrocketed above $4, whereas its market cap surged beyond $800 million. In the following hours, however, MMT retraced to the current $1.16, representing a 160% increase on a daily scale.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/MMT-Price.png\"><\/a>MMT Price, Source: CoinGecko<\/p>\n<p>Reactions of that type are nothing unusual, as backing from Binance boosts the liquidity and visibility of the involved cryptocurrency, giving it a significant reputation shot.<\/p>\n<p>Momentum (MMT) is a recently launched token that has also received support from Upbit, <a href=\"https:\/\/x.com\/okx\/status\/1986018196638359804\">OKX<\/a>, LBank, and other leading exchanges. Its major price swings have captured the attention of industry participants, and some, like X user Honey, have <a href=\"https:\/\/x.com\/Honeyxgpt\/status\/1985928135930757182\">labeled<\/a> the project as a scam.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24MMT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MMT<\/a> Biggest Scam in Crypto History!<br \/>\n114M liquidated in a newly listed coin within just 24h<br \/>\nThe highest short liquidation across the entire market<br \/>\nEven <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>\u2018s total short liq. is just 56M<br \/>\nA few whales got wiped out alone with nearly 50M in losses<br \/>\nPure manipulation at its finest <a href=\"https:\/\/t.co\/AVjRyQGmny\">pic.twitter.com\/AVjRyQGmny<\/a><\/p>\n<p>\u2014 Honey (@Honeyxgpt) <a href=\"https:\/\/twitter.com\/Honeyxgpt\/status\/1985928135930757182?ref_src=twsrc%5Etfw\">November 5, 2025<\/a><\/p>\n\n<h2>Other Binance Moves<\/h2>\n<p>Besides adding support for MMT, the company <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/a414fd64592c42d28c881b49ae5b5aca\">said<\/a> it will delist the following spot trading pairs: INIT\/BNB, IOTX\/BTC, PEOPLE\/BTC, RESOLV\/FDUSD, RUNE\/FDUSD, and USUAL\/BTC. The effort did not cause any significant declines, as such are often witnessed when Binance terminates all trading services with certain cryptocurrencies.<\/p>\n<p>That was the case towards the end of October when the firm <a href=\"https:\/\/cryptopotato.com\/these-altcoins-crash-by-double-digits-following-delisting-from-binance-details-2\/\">delisted<\/a> Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP). All affected tokens nosedived by double digits.<\/p>\n<p>Earlier this month, KDA took another blow when Binance <a href=\"https:\/\/cryptopotato.com\/these-3-altcoins-dump-hard-after-binance-ceases-support-details-here\/\">revealed<\/a> it would close all positions and conduct an automatic settlement on the KDA\/USDT perpetual contract. Axie Infinity (AXS) and Theta Network (THETA) also headed south due to the termination of the AXS\/USD and THETA\/USD perpetual contracts.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/this-cryptocurrency-explodes-by-160-after-backing-from-binance-details-here\/\">This Cryptocurrency Explodes by 160% After Backing From Binance: Details Here<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market is a sea of red today (November 5), with most leading digital assets posting substantial losses after yet another market collapse. However, one lesser-known altcoin has soared by triple digits following support from the biggest crypto exchange. The Impressive Pump Binance added Momentum (MMT) to various programs, including Binance Simple Earn, \u201cBuy [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":110709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110708"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110708"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110709"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}