- CoinGecko announced that Binance Labs invested $10 million in Radiant Capital.
- The price of RDNT surged by more than 7% over the past 24 hours alone.
- A significant bullish technical flag was on the verge of being triggered on RDNT’s daily chart.
The crypto data aggregator, CoinGecko, shared a post on Twitter earlier today revealing that Binance Labs announced their investment of $10 million in Radiant Capital (RDNT). In their tweet, CoinGecko explained that the investment made by Binance Labs was a way of “driving mass adoption”.
NEWS: @BinanceLabs announced its strategic investment of $10M in @RDNTCapital, a DeFi lending protocol, citing it as a way of "driving mass adoption".The price of $RDNT is up 11.6% to $$0.31 over the past 24 hours following the news.
: https://t.co/R3WyRkfIrn pic.twitter.com/aKaO7ghF5q
— CoinGecko (@coingecko) July 21, 2023
This certainly grabbed the attention of investors as the price of RDNT surged by more than 7% over the past 24 hours of trading. As a result, RDNT was worth about $0.305435 at press time.
The altcoin’s 24-hour success also allowed it to strengthen against market leaders Bitcoin (BTC) and Ethereum (ET…
The post RDNT’s Price Jumps By 7+% After Receiving $10 Million Backing appeared first on Coin Edition.
The post RDNT’s Price Jumps By 7+% After Receiving $10 Million Backing appeared first on Coin Edition.