{"id":88735,"date":"2023-12-26T18:23:53","date_gmt":"2023-12-26T16:23:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88735"},"modified":"2025-09-13T19:52:19","modified_gmt":"2025-09-13T16:52:19","slug":"bnb-tops-300-as-binance-unveils-a-new-launchpool-project","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bnb-tops-300-as-binance-unveils-a-new-launchpool-project\/","title":{"rendered":"BNB tops $300 as Binance unveils a new Launchpool project"},"content":{"rendered":"<p>BNB rose above $300 for the first time since the start of June.<\/p>\n<p>As the chart below shows, the rally was accompanied by a surge in trading activity:<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"410\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-BNB-1024x410.png\" alt=\"1-BNB\" class=\"wp-image-223004\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/1-BNB-1024x410.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/1-BNB-300x120.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/1-BNB-768x308.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/1-BNB.png 1046w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">4-hour BNB\/USDT chart on the Binance exchange. Data: <a href=\"https:\/\/www.tradingview.com\/x\/jttzsz79\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The surge in demand for the asset could be attributed to the announcement of a new project on Binance Launchpool \u2014 Sleepless AI. It represents a gaming <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-platform using AI.<\/p>\n<p>From December 28, exchange users will be able to stake in BNB, FDUSD and TUSD pools to farm AI tokens. The campaign will run for seven days.<\/p>\n<p>The flagship token of the BNB Chain ecosystem \u2014 CAKE \u2014 also surged, up 26.2% over the last 24 hours and 66% over seven days, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/p>\n<p>The PancakeSwap team announced the burning of 10.1 million CAKE worth $34 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? 10,166,225 <a href=\"https:\/\/twitter.com\/search?q=%24CAKE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$CAKE<\/a> just burned \u2014 that\u2019s $34M!<\/p>\n<p>? Trading fees (AMM V2): 132k CAKE ($438k) -29%<br \/>? Trading fees (AMM V3): 79k CAKE ($260k) -23%<br \/>? Trading fees (Non-AMM like Perpetual, Position manager etc): 4k CAKE ($1k) -98%<br \/>? Prediction: 34k CAKE ($112k) -27%<br \/>?\ufe0f Lottery &#038;\u2026 <a href=\"https:\/\/t.co\/veRsDhcFFB\">pic.twitter.com\/veRsDhcFFB<\/a><\/p>\n<p>\u2014 PancakeSwap?Everyone&#8217;s Favorite DEX (@PancakeSwap) <a href=\"https:\/\/twitter.com\/PancakeSwap\/status\/1739626558779015499?ref_src=twsrc%5Etfw\">December 26, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Recently the community of the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-decentralised-exchange-dex\">DEX<\/a>-platform <a href=\"https:\/\/forklog.com\/en\/news\/pancakeswap-community-proposes-cutting-cake-supply-token-up-about-20\">proposed<\/a> cutting CAKE issuance by 40%, a move that also supported the token\u2019s price.<\/p>\n<p>Earlier, Binance <a href=\"https:\/\/forklog.com\/en\/news\/binance-to-launch-sei-token-farming-on-binance-launchpool\">launched<\/a> farming Sei Network (SEI) and CyberConnect (CYBER).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNB rose above $300 for the first time since the start of June.<\/p>\n","protected":false},"author":1,"featured_media":88736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1281,1446],"class_list":["post-88735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-launchpool","tag-pancakeswap"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=88735"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88735\/revisions"}],"predecessor-version":[{"id":88737,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88735\/revisions\/88737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/88736"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=88735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=88735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=88735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}