$NEO

Good news for this Altcoin veteran of Bitcoin Exchange Binance!

Binance, the world's largest cryptocurrency exchange, continues to lead the cryptocurrency market with the decisions it makes. To date, Binance has shared an important announcement about ($NEO ), a veteran altcoin.

According to the latest information, Binance will support network upgrade and hard fork in NEO. Here is the announcement shared by Binance on the topic:

“Starting from 5/27/2024 at approximately 08:00 (UTC), Binance will suspend token deposits and withdrawals on the Neo (NEO) network to support the network upgrade and hard fork to ensure the best user experience.

*The network upgrade and hard fork will occur at block height 5,450,000.

*Token trading on the above-mentioned network will not be affected.

*Binance will meet all technical requirements for all users.

Token deposits and withdrawals on the aforementioned network will be reopened once the enhanced network is deemed stable. "No further announcements will be made"

NEO, which was trading at $14.8 at the time of writing, saw a total decline of 5% today.

$BTC $NEO