A Tweet from Binance Sent an Altcoin’s Price Soaring: It Doubled

A post shared and later deleted by the cryptocurrency exchange Binance sparked a brief wave of speculation surrounding the memecoin “Aura” within the Solana ecosystem.

BroLeon, a well-known figure in the cryptocurrency community, reported that a post containing the phrase “aura maxxxing” attracted attention in the market and caused a sudden price movement in Aura, a memecoin based on Solana.

Some users in the community interpreted the post as a sign that relations between Binance and the Solana Labs ecosystem were warming up again. In particular, comparisons were made to the memecoin Usduc, previously listed on the Binance US platform, triggering FOMO (Fear of Missing Out) in the market. Following this, investors reportedly turned to the Aura token on the Solana network, and the token’s price experienced a sharp rise in a short period.

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However, community members soon noticed that Binance had removed the relevant post from its official account. Market analysts believe the deletion of the post may have been intended to reduce the risk of excessive speculation being directly linked to memecoin.

*This is not investment advice.

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