Mithril first project to migrate to Binance Chain! Mith coin surges 65%

19 Apr, 2019 | Updated: 19 Apr, 2019
by Joeri Cant
News
Mithril first project to migrate to Binance Chain! Mith coin surges 65%

Mith coin surges 65% upon the news by CEO Changpeng 'CZ Zhao, who took to Twitter to announce that Mithril will be the very first project to migrate tokens onto the exchange's new native chain.

Earlier today Chepicap reported on Binance’s tweet which confirmed the launch of its mainnet on April 23.

Exciting news, which was followed by equally thrilling news by CZ, that Mithril (MITH) will be one of the first projects to migrate tokens onto the exchange's new native chain.

A blog post from Mithril confirmed that the initial migration from ERC20 to BEP2 will begin shortly after the Binance Chain mainnet launch.

'By migrating to the Binance Chain, MITH token holders will be the first to experience the speed, security, and user friendliness on the new Binance DEX platform while maintaining full control over their own funds', the blog post reads.

'We are honored to join Binance in growing the ecosystem and supporting the launch of the first DEX that will offer users the benefit of self-custodied funds and the wide liquidity pool of the Binance community. We are grateful for the long-standing partnership with Binance, and look forward to continued growth and success together.'

The news had an immediate impact on the coins performance, making it the biggest gainer of the day, with a massive surge of more than 65%.

Mith is currently trading at $0.078.

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