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Binance Futures Expands Market With New Token Contracts


Binance Futures Expands Market With New Token Contracts

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  • Binance’s new futures contracts could drive increased volatility for COOKIE, ALCH, and SWARMS.
  • COOKIE’s breakout past $0.60 signals potential for further bullish momentum above $0.65.
  • SWARMS shows strong bullish growth, but holding $0.50 is critical for sustained gains.

Binance Futures is launching new perpetual contracts for COOKIE/USDT, ALCH/USDT, and SWARMS/USDT. These contracts offer traders the chance to leverage up to 75x on these assets. This move can attract more traders to the platform and potentially sway price movements for these tokens. 

As the contracts go live, traders will closely monitor how these offerings impact the price action and liquidity of Cookie DAO ($COOKIE), Alchemist AI ($ALCH), and Swarms ($SWARMS). 

COOKIE has shown impressive growth recently, gaining 12.65% in just 24 hours. The price has surged past the $0.60 mark, signaling a breakout from its previous consolidation range between $0.55 and $0.58. 

The market data also shows a solid 14.54% increase in its market cap, suggesting that investors are taking notice of the asset.

Source: Coinmarketcap

Critical support levels for COOKIE …

The post Binance Futures Expands Market With New Token Contracts appeared first on Coin Edition.

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Coins

$ 0.99929

+0.01%

$ 0.00...361

$ 0.0000824

$ 0.000269

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Coins

$ 0.99929

+0.01%

$ 0.00...361

$ 0.0000824

$ 0.000269

$ 0.000207


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