Binance Smart Chain Foundation Starts Purchasing Altcoins: Here Are the Tokens They Bought!
The Binance Smart Chain (BSC) Foundation has made various altcoin investments, spending a total of $250,000 in the last 30 minutes.
As activity in the crypto market has increased recently, the preferences of major players continue to guide investors. According to data reported by Lookonchain, the Binance Smart Chain Foundation purchased four different altcoins using a total of $250,000 worth of USDT. The purchases were made as follows:
41,664 units for PancakeSwap (CAKE) ($100,000),
418,125 units for LISTA ($100,000),
4.82 million units for Moolah ($25,000),
and 6.49 million units for VIXBT ($25,000).
Following these investments, how the Binance Smart Chain Foundation’s relevant tokens will affect prices is being closely monitored by investors.
The Binance Smart Chain Foundation is an organization that operates to grow the Binance ecosystem, support developers, and find broader use cases for the Binance Smart Chain (BSC) network. It is generally known for funding developer projects, promoting innovative applications, and supporting sustainable growth in the ecosystem through its support programs. The Foundation is a crucial part of Binance's mission to spread blockchain technology to the masses.
