The decentralized exchange token Biswap (BSW), which was trading just above USD 0.91 on Monday afternoon 21, posted a gain of around 160%. This followed Binance's announcement of the cryptocurrency's inclusion on its platform.

According to CoinMarketCap charts, BSW was trading sideways near USD 0.35 during the early morning when Binance posted about the cryptoasset's listing.

Built on the BNB Smart Chain (formerly BSC) network, BSW presents itself as a low-cost alternative, as well as having a Dapp GameFi. Part of Biswap's proceeds will be used to buy back and burn its governance token, BSW, DeX promises.

BSW is also the primary token for the play-to-earn (P2E) game Squid NFT World, which promises to adapt "to the needs of users looking for an enjoyable gaming experience."

This is what the Biswap (BSW) chart looks like on tradingview, we might expect a further correction to the explosive price that the token has had.