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Binance acquires Coin Market Cap for $ 400 million. Altcoin market expected to boom

Binance is planning to acquire the Coin Market Cap, the cryptocurrency information platform, for $ 400 million (KRW 482.2 billion).

If this acquisition agreement is concluded, it will be the largest deal in the cryptocurrency industry. Experts are also excited about the synergy of the most influential global cryptocurrency exchanges and the most credible information websites.

In particular, 'Binance Research' released on March 6 predicted that ‘the market's interest in Altcoin is increasing, with its share of bitcoin trading plunges from 40 percent to 27 percent in February, and that the Altcoin market will revitalize again.’

It seems like a big opportunity will come to the coin market once again.

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