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Breaking News: Binance New Listing Announcement May 30, 2024

Binance cryptocurrency exchange just announced that there will be a new listing on the futures side. Accordingly, up to 50x leverage will be launched for TURBO. So why are these developments important? Here are the details.

Following the announcement, we saw the price rise from $0.0056 to over $0.0064. Listing will be made today with a leverage limit of up to 50x. A sudden exponential increase in the open position size on the futures side with the listing may cause great volatility. For this reason, it is recommended that investors be cautious against excessive fluctuations in spot prices. While the Bitcoin price is stalling at $68,000, the TURBO Coin price is at $0.0064.

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