Binance, one of many world’s main crypto exchanges, right now made a big announcement on Voxies (VOXEL), the native utility token of Voxie Techniques. As per an official launch, the crypto alternate is now launching futures buying and selling for the token. This growth has garnered vital curiosity amongst crypto market members, as Voxies value reacted with a whopping 75% uptick in worth after the itemizing announcement.
Binance Launches Futures Buying and selling
In response to an official announcement by Binance right now, August 20, the crypto alternate is launching the USD-Margined perpetual contract for VOXEL at 10:30 UTC right now. Customers can take pleasure in futures buying and selling with as much as 50x leverage on the asset.
Notably, the underlying asset stays Voxies (VOXEL), the native token of Voxie Techniques, a 3D turn-based tactical RPG recreation constructed on a blockchain. Furthermore, the alternate set the capped funding fee at +2.00% / -2.00%. After this announcement, VOXEL value peaked.
Nonetheless, the crypto alternate revealed that it might alter the specs of the itemizing “based mostly on market danger circumstances.” In addition to, it’s price mentioning that top leverages appeal to extra market members to put money into the asset, jacking up buying and selling quantity and market consideration.
Altogether, the futures itemizing has set off optimistic waves for Voxies throughout the broader market. As seen beforehand, even Synapse (SYN) value rallied phenomenally with the crypto alternate‘s futures itemizing of the token.
Voxies Worth Surges
Concurrently, Voxies value surged 75% after Binance’s itemizing announcement to commerce at $0.2446 at press time. Its 24-hour lows and highs had been recorded as $0.1261 and $0.2699, respectively. Notably, the token’s intraday buying and selling quantity surged 34% to relaxation at $84.56 million right now. Additionally, the coin’s market cap rested at $46.26 million.
Voxies 14-day RSI rested at 83, indicating that the coin entered an overbought territory right now. This additionally hints at a possible value rebound lurking over the crypto horizon. In addition to, market technicals flagged a powerful purchase sign for the asset, sparking additional investor curiosity over future value actions. Nonetheless, the coin at the moment surfs an optimistic tide towards the backdrop of futures itemizing for the token.
In the meantime, the crypto realm additionally noticed different main alternate listings right now. South Korean crypto alternate Upbit introduced Pepe coin and BRETT itemizing on its platform, sparking additional discussions throughout the worldwide crypto group.
Disclaimer: The offered content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.
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