CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
crypto.news 2024-12-20 19:35:10

FARTCOIN surges as Binance announces futures listing

Fartcoin, the Solana meme coin getting massive traction amid new market buzz around AI agents, has seen its token’s price explode as Binance Futures announces listing. The Fartcoin ( FARTCOIN ) token rocketed to a market capitalization of $1 billion earlier in the day as fresh upside momentum helped cryptocurrencies stem the latest price downturn. The milestone on Dec. 20 came as the meme coin’s price spiked to new all-time high of $1.30. Gains in the past week stood at over 50%, while the parabolic performance seen over the past month meant FARTCOIN trended more than 370% up. Notably, the meme coin’s spike on the day came as Binance announced the listing of Fartcoin perpetual futures contract. Binance noted that the listing of AIXBT, FARTCOIN, KMNO and CGPT perpetual contracts aims at expanding trading choices for users. Binance Futures added the perpetual contracts for the tokens beginning 18:30 UTC on Dec. 20, offering up to 75x leverage. AIXBT by Virtuals and ChainGPT’s CGPT tokens also rose sharply, gaining 16% and 42% respectively in 24 hours. Read more: FARTCOIN flips GOAT in meme coin wars as Bitcoin hits new ATH Interestingly, the AIXBT, FARTCOIN and CGPT tokens are also among the first to land on Binance Alpha. Binance Alpha is a new platform that highlights early-stage projects likely to list on the world’s largest crypto exchange. Binance is yet to list any of these tokens on its spot market. However, the unveiling of Binance Alpha and the addition of the crypto projects among the first entries has traders taking a more bullish outlook. As well as Fartcoin’s market cap rising to over $1 billion, the 24-hour volume increased to over $315 million with an 8% jump. Increased market activity as price rises suggests the cryptocurrency is attracting more traders. You might also like: Binance Alpha adds LUCE, BANANA and others to fourth batch of selected tokens

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.