On September 24, Binance’s founder, CZ, announced two investments, pumping the projects’ tokens.
He revealed investing in the SafePal project, which is a non-custodial wallet suite and portfolio, and Trust Wallet, one of the best crypto wallets in the ecosystem.
Both projects’ digital assets, SFP and TWT, prices spiked after the announcement.
SFP and TWT Prices Surged
SFP was trading at approximately $0.45 on September 24, and it spiked by over 26%. At the moment of writing this article, SFP is trading above $0.55, with a market cap of over $281 million, up by over 27% in the past 24 hours.
Also, TWT recorded a price surge of over 11% earlier. The token is trading at $1.3 at the moment of writing this article, with a market cap above $562 million, up by over 8% in the past 34 hours.
Both digital assets recorded price spikes after CZ mentioned the projects in an earlier post on X.
CZ Revealed Investments in SafePal and Trust Wallet
CZ said that he invested in SafePal, which is also a portfolio, also revealing an investment in Trust Wallet, one of the best crypto wallets in the industry.
In his X post, CZ shared a recent announcement from SafePal crypto wallet, which revealed that it became the 1st wallet to natively integrate the Aster DEX perps, offering:
- Competitive maker fees of 0.01% and taker fees of 0.035%
- 100x on BTC and ETH
- 50x on tokenized stocks, including Apple, Google, Tesla
Aster Triggers Perps DEX Hype
Speaking of the Aster perps DEX, another project that managed to draw the attention of CZ, it continues to mark one record after another after launching its ASTER token on September 17.
After reaching a new ATH at $2,42 today, the digital asset trades at $2.27, up by more than 30% in the past 24 hours.
Amidst the recent sucess of the perp DEX ecosystem, CZ wrote earlier that now everyone wants to be a perp DEX, and this means that more players will only grow the market size faster, saying that we’re in the perp DEX era.
The BNB Chain is currently the number 1 perps chain by 24-hour trading volume, with over $21.5 billion.
