On December 24th, COINOTAG News reported that Binance has officially confirmed plans to facilitate a significant transformation of the Fantom (FTM) token, which will be rebranded as Sonic (S). This transition entails the cessation of all FTM trading pairs, including FTM/BTC, FTM/BNB, FTM/ETH, and others, effective January 13, 2025, at 11:00 AM (UTC+8). Following this delisting, Binance will not only revoke all existing FTM spot trading orders but will also launch the newly introduced Sonic token, accessible via trading pairs such as S/BTC and S/USDT, commencing January 16, 2025, at 4:00 PM (UTC+8). Investors should brace for this transition and remain vigilant regarding their trading strategies amidst these changes.
Source: https://en.coinotag.com/breakingnews/binance-to-rebrand-fantom-ftm-to-sonic-s-with-upcoming-token-swap-and-trading-pair-changes/