The Binance Effect: Altcoin Skyrockets 500% After Exchange Support
Sep, 17, 2025
< 1 min read
by Dimitar Dzhondzhorov
for CryptoPotato
TL;DR
- The launch of new perpetual contracts on Binance’s platform resulted in major green candles for two cryptocurrencies.
- At the same time, the company delisted another perpetual contract, but the involved token surprisingly pumped after the announcement.
What a Pump
The world’s biggest crypto exchange expanded the list of trading choices on Binance Futures by introducing the STBL/USDT perpetual contract with up to 50x leverage. This type of product has no expiration date and allows traders to bet on price changes without actually holding the cryptocurrency.
The Binance Effect: Altcoin Skyrockets 500% After Exchange Support
Sep, 17, 2025
< 1 min read
by Dimitar Dzhondzhorov
for CryptoPotato
TL;DR
- The launch of new perpetual contracts on Binance’s platform resulted in major green candles for two cryptocurrencies.
- At the same time, the company delisted another perpetual contract, but the involved token surprisingly pumped after the announcement.
What a Pump
The world’s biggest crypto exchange expanded the list of trading choices on Binance Futures by introducing the STBL/USDT perpetual contract with up to 50x leverage. This type of product has no expiration date and allows traders to bet on price changes without actually holding the cryptocurrency.