Binance To Debut Swarm Network’s TRUTH Token On Alpha Platform

Binance is set to debut the Swarn Network’s TruthChain (TRUTH) token on its Binance Alpha platform, a spotlight section of the world’s largest cryptocurrency exchange, on Monday. 

Trading for the TRUTH/USDT perpetual contract, offering up to 50x leverage, is scheduled to begin later on Monday at 8:30 a.m. ET, with Swarm Network’s TRUTH token opening on Alpha on October 1 at 8:00 a.m. ET. 

A Binance Alpha or Binance Futures listing does not guarantee a spot listing on the main exchange, though strong trading activity can improve those chances. As part of the listings, Binance also revealed a TRUTH airdrop for eligible users based on the Alpha Points they’ve accumulated by participating in Binance Alpha events and campaigns. The total amount of tokens to be airdropped was not revealed.

The TRUTH token’s price rose as much as 5.3% in the last 24 hours, while Binance’s BNB token gained more than 4%, leading gains among major altcoins amid broader crypto market strength. The cryptocurrency market was up 3.2% in morning trade, rising back above the $4 trillion mark. 

On Stocktwits, retail sentiment around the TRUTH token remained in ‘neutral’ territory. Meanwhile, retail sentiment around the BNB token dipped lower into ‘bearish’ territory.

The Swarm Network’s Truth Network is a decentralized platform combating misinformation by enabling community-driven verification of information. According to its whitepaper, it aims to leverage human-AI collaboration and collective intelligence to create a reliable, cross-platform layer for factual content.

Read also: EA Stock Jumps Pre-Market After Announcing $55 Billion Acquisition By PIF, Silver Lake, Affinity Partners

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