- PONKE worth has jumped 10% amid Binance Futures record.
- Binance has just lately indexed perpetual contracts for a number of meme cash, together with GOAT.
Binance has introduced the record of the PONKEUSDT perpetual contract, with investors getting as much as 75x leverage as from Nov. 4 at 12:30 UTC.
PONKE, a meme coin on Solana that has just lately observed vital group pastime amid marketplace resurgence, surged greater than 10% after the scoop. The cost of PONKE had traded close to $0.46 early Monday, however went vertical to close $0.55 as investors reacted to the Binance Futures information.
Final week, the cost of meme coin Goateus Maximus additionally rocketed as Binance added perpetual contract for GOAT.
Ponke worth surges 10%
Positive aspects for the PONKE meme coin come as maximum cryptocurrencies eye upward jump following this weekend’s dip. In step with knowledge from CoinMarketCap, Ponke used to be a number of the greatest 24-hour gainers within the most sensible 500 through marketplace cap. PolitiFi tokens MAGA and TRUMP have been seeing essentially the most positive aspects as polls prompt Donald Trump is main Kamala Harris within the race for White Space.
Binance has now not introduced spot buying and selling make stronger for Ponke, however the group is happy on the visibility and traction that the perpetual contract record brings.
Particularly, this comes amid the social media observation round token record on Binance and Coinbase.
In a publish on X, Coinbase CEO Brian Armstrong famous that the US-based crypto alternate fees $0 charges to token record. This used to be in line with some other publish that claimed Binance had requested for thousands and thousands of greenbacks to listing a most sensible tier venture.
Alternatively, Fantom co-founder Andre Cronje refuted Armstrong’s claims, noting that Coinbase had requested for thousands and thousands in record rate however Binance hadn’t. Tron founder Justin Solar additionally supported Cronje’s statement.
Binance charged us $0.
Coinbase required us to pay 500 million TRX (price $80 million) and demanded a $250 million BTC deposit in Coinbase Custody to spice up their efficiency.
Numerous recognize. However that is merely now not true. https://t.co/faEgtGLLhW
— H.E. Justin Solar🌞(hiring) (@justinsuntron) November 4, 2024
In the meantime, Binance co-founder Yi He, took to X to disregard the FUD and to explain the alternate’s record coverage.