During yesterday's Binance event (celebrating its 3rd year anniversary) we saw a lot of announcements. One of the major ones being the launch of the Binance Card.
I am sure many users heard about this news. But what they missed maybe was the rally SXP saw after the announcement. SXP is the token issued by Swipe Wallet.
Binance Cards will be powered by the Swipe Wallet, which was acquired by Binance earlier in June and listed SXP, the token issued by Swipe Wallet, onto its exchange. Honestly, this should have been the reason enough to buy SXP at dips. But hindsight is 20 20.
Just after this announcement, we saw SXP make its rally and since then it is constantly rising along with minor dips.
Look at the gains just after the announcement.
Honestly, anyone paying attention to the Binance event could have easily made 40%. Now according to the general sentiment in the market people are going as far as to say that SXP is set to reach the 2 USD mark. Below is the current status of the coin.
Sometimes being active can make you quick gains. Sometimes trading isn't as hard as it seems to be. Who knows how high will SXP reach now?
Really bullish news.
already long into sxp for long term