Within minutes of the Bondex token launch, the charts presented a complete bloodbath, resulting in the BDXN price crashing more than 91%. More importantly, this crash happened amid the Binance listing, which is often regarded as a bullish action for the token. What went wrong? Let’s discuss. Bondex Token Price Crash Minutes After Binance Listing Binance, the popular crypto exchange, is among the first to launch the BDXN token, with a listing price of $0.9219. However, the Bondex token price crashed immediately after that, losing more than 91% of its value. With that, it currently trades at $0.07767 with a market capitalization of $12.42M. Moreover, it has a trading volume of $21.86M, up 6000%, but the sellers are in the majority past the Binance Bondex token airdrop. According to the official BDXN listing announcement, the Binance users with 212 alpha points could claim an airdrop of 900 tokens. Similar to… Read More at Coingape.com

The post Another Binance Listing Fails, Bondex Token Price Collapses 91% appeared first on CoinGape.

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