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Sudeng’s HIPPO token soared by 66% after Binance unveiled a USD-Margined perpetual contract, allowing users up to 75x leverage. This bullish listing attracted significant investor interest, propelling trading volumes to new heights.
Binance Introduces HIPPO Perpetual Contract with 75x Leverage
An official notice from Binance dated November 13 states that today at 12:30 UTC, the crypto exchange will list the HIPPO USD-Margined perpetual contract.
As stated in the listing announcement, platform users have the opportunity to trade the asset with a leverage of up to 75x. At the same time, the exchange has announced that it will be able to support the asset in Multi-Assets mode.
Expansion with X Empire Futures Contract
In addition, the release disclosed that the exchange is expanding its trading capabilities by adding the X Empire (X) futures contract (1000XUSDT). Starting at the same time and date, the platform's massive user base will once again have the opportunity to trade the asset with 75x leverage.
Investors are very interested in the assets since their listing on one of the leading crypto exchanges opens the door for more trader contact with them, which is happening at a time when the crypto market is bullish. Meanwhile, as more capital enters the token ecosystem, market experts anticipate a positive effect on pricing.
HIPPO Price Surges Following Listing Announcement
The value of HIPPO, which was trading at $0.02119 earlier, increased by 66%. Coin prices ranged from $0.01075 at the day's low to $0.02453 at the day's high. The token's intraday trading volume had likewise surged by 102% to $106.68 million, Coingape shares.
X price increased by 1% due to the futures listing and is now trading at $0.0003148. During the past 24 hours, the price of this currency has ranged from 0.0003618 to 0.000211. Since Binance's earlier listings were positive, the rising actions of the listed tokens have aroused market curiosity about their potential future performances.
Market Watches PNUT and ACT for Potential Gains
Notably, when the same exchange revealed spot listings for PNUT and ACT, the prices of the tokens skyrocketed. The cryptocurrency is available in the ACT/USDT and PNUT/USDT trading pairs on the market.
In sum, the aforementioned listings receive a great deal of attention in this previous chronicle. People involved in the cryptocurrency market are keeping an eye on the tokens to see if their prices will change again.
