Crypto narrative surging: Binance opens Payments category
The cryptocurrency market works in cycles, usually dominated by one or two leading narrative s to gain protagonism. As a new bull market begins, investors look to identify the next crypto narrative , while Binance hints at payments. Notably, a new category surged on the Binance Markets ‘ page, listed as the second category right after “Meme.” Meme coins, together with Layer 1 Web3 and DeFi blockchains, were part of the dominating narratives in 2021’s cycle. The recently added category is “Payments,” bringing a flame icon next to it, suggesting a hot trend in Binance’s eyes. Interestingly, the centralized exchange positioned the Payments category before artificial intelligence (AI), which earned investors’ attention in 2023. Picks for you BlackRock’s ETF surpasses MicroStrategy in Bitcoin holdings 2 hours ago 3 cryptocurrencies to avoid trading next week 3 hours ago GoPlus Security wraps up its Private II+ funding round for more robust Web3 experienc...