Voyager token jumps 24%. Right here is the explanation and

  • Voyager token rose by double-digits on Thursday

  • Reviews of acquisition by Binance.US boosted the token

  • The token faces a correction at key resistance

Voyager (VGX/USD) was on the centre of retail curiosity on Thursday, witnessing a surge in buying and selling volumes. The cryptocurrency of the embattled crypto agency Voyager Digital was strongly talked about on social buying and selling platforms. Optimistic cryptocurrency news was boosting the token of the bankrupt crypto lender.

On Thursday, stories emerged that Binance.US was shopping for the embattled crypto agency. Voyager filed for bankruptcy protection in July in a liquidity disaster after a sustained crypto winter. Binance CEO Changpeng Zhao confirmed the acquisition stories on Thursday. CZ stated Binance.US would bid once more for Voyager after the take care of collapsed FTX didn’t undergo. 

Binance.US isn’t the one entity to eye the property of Voyager. On November 22, Kaj Labs stated it could launch a second supply to amass the property of the embattled agency. Kaj Labs says it nonetheless sees worth within the property of Voyager and can negotiate in good religion with the agency. Nonetheless, the entry of…

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