CandleFocus Binance Backs Firo Upgrade: Price Surges 3% to New Highs
2024-09-13
Author: Content Editor
Binance, a major cryptocurrency exchange, has announced its support for the upcoming hard fork and network expansion of Firo (formerly known as Zcoin). The upgrade aims to enhance the Firo network and attract more attention from the crypto community. Binance will temporarily suspend FIRO token deposits and withdrawals during the upgrade to ensure a smooth transition. The upgrade will introduce changes to the token's economic model based on community voting. Following the announcement, Firo's price saw a 3% increase and reached a new all-time high of $1.13. This suggests growing bullish sentiment among investors.
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