- PONKE worth jumped 10% amid Binance Futures buying and selling.
- Binance lately listed perpetual contracts for a number of meme cash, together with GOAT.
Binance has introduced the itemizing of the PONKEUSDT perpetual contract, with merchants gaining as much as 75x leverage beginning November 4 at 12:30 UTC.
PONKE, a meme coin on Solana that has lately attracted vital curiosity from the group amid a market resurgence, jumped greater than 10% following the information. PONKE worth was buying and selling close to $0.46 early Monday, however rose vertically to close $0.55 as merchants reacted to the information from Binance Futures.
Final week, the value of meme coin Goateus Maximus additionally skyrocketed as Binance added a perpetual contract for GOAT.
The value of Ponke will increase by 10%
The good points for the PONKE meme coin come as most cryptocurrencies eye an upward rebound following this weekend's decline. In line with CoinMarketCap information, Ponke was among the many largest 24-hour gainers within the prime 500 by market capitalization. PolitiFi tokens MAGA and TRUMP noticed probably the most good points, with polls suggesting Donald Trump leads Kamala Harris within the race for the White Home.
Binance has not introduced spot buying and selling assist for Ponke, however the group is happy in regards to the visibility and attraction that perpetual contract itemizing brings.
Notably, this comes amid social media feedback concerning the token itemizing on Binance and Coinbase.
In an article on X, Coinbase CEO Brian Armstrong famous that the US-based crypto change prices a $0 charge for itemizing tokens. This was in response to a different publish claiming that Binance had requested hundreds of thousands of {dollars} to checklist a high-profile challenge.
Nevertheless, Fantom co-founder Andre Cronje refuted Armstrong's claims, noting that Coinbase requested hundreds of thousands of {dollars} in itemizing charges, however Binance didn’t. Tron founder Justin Solar additionally supported Cronje's declare.
Binance charged us $0.
Coinbase requested us to pay 500 million TRX (price $80 million) and required a $250 million BTC deposit into Coinbase Custody to enhance its efficiency.
A lot respect. However that's merely not true. https://t.co/faEgtGLLhW
– HE Justin Solar🌞 (hiring) (@justinsuntron) November 4, 2024
In the meantime, Binance co-founder Yi He requested X to dissolve the FUD and make clear the change's itemizing coverage.
