Coindesk
5 months agoCryptocurrency
Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'
The anchored euro (AEUR) stablecoin surged nearly 200% on Binance after being listed on the crypto exchange.
The token's low market cap and limited liquidity make it vulnerable to de-pegging by potential price manipulation. [ more ]