Binance has announced its support for the rebranding of the $FRONT token to $SLF, coinciding with a 33% surge in the token’s value. The token swap and rebranding are part of Frontier’s transition to Self Chain, a modular, intent-centric Layer 1 blockchain with keyless wallet infrastructure. Starting on August 27, […]

Binance to Support $FRONT Token Swap And Rebranding To $SLF Amidst Market Movements

Binance has announced its support for the rebranding of the $FRONT token to $SLF, coinciding with a 33% surge in the tokens value.

The token swap and rebranding are part of Frontiers transition to Self Chain, a modular, intent-centric Layer 1 blockchain with keyless wallet infrastructure.

Starting on August 27, Binance will delist all existing $FRONT spot trading pairs. The exchange will then introduce new $SLF trading pairs on August 30 at 8:00 AM UTC. The token swap will occur at a 1:1 ratio, meaning all $FRONT tokens will be converted to $SLF.

Whale Holding Over 3 Million $FRONT Token Makes Strategic Moves 

As the market reacted to these developments, a whale holding 3.15 million $FRONT tokens made a significant move. The tokens, originally purchased at an average price of $1.34, were potentially sold or transferred to an exchange for the upcoming swap at a recharge price of $0.79. If the entire amount was sold, the whale would incur a loss of approximately $1.72 million. However, its possible that the tokens were not sold outright but instead moved in preparation for the token swap.

Self Chain aims to offer an innovative approach to blockchain infrastructure with its focus on user-friendly, keyless wallet access. This rebranding and swap mark a significant step in Frontiers evolution as it adopts the Self Chain identity, signaling new opportunities for the platforms users and investors alike.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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