LOKA Token Jumps 23.87% on Binance Amid Rebranding to Arena-Z and Trading Suspension Announcements

LOKAUSDT experienced a significant price increase of 23.87% over the last 24 hours, rising from 0.0884 to 0.1095 on Binance. This surge is primarily attributed to recent announcements regarding the suspension of LOKA/USDT trading for a planned project upgrade and redenomination, as well as the upcoming rebranding of League of Kingdoms (LOKA) to Arena-Z (A2Z). Additional contributing factors include a series of exchange delisting notices for LOKAUSDT perpetual futures, which have heightened market activity and volatility as traders adjust positions ahead of the transition.

Currently, LOKAUSDT is trading at 0.1095 on Binance with notable trading volume, reflecting increased interest and dynamic price action amid the ongoing rebranding and contract migration process.