BANANA tokens destroyed $8.68 million and launched 50x leverage futures
The momentum is strong,
This is the first destruction, the purpose is to increase the price,
Binance revealed that customers can start trading token futures with up to 50x leverage from August 15, 2024. The listing is expected to increase the trading volume of the token, as futures contracts enable traders to participate in price predictions of the token.
Increased trading volume and open interest
BANANA's trading volume increased significantly after the announcement of destruction and the upcoming launch of futures. The trading volume surged 129.79% to $154.51 million, indicating an increase in activity and interest in the token.
Meanwhile, as the bullish momentum took effect, the token price fluctuated between intraday highs and lows of $48.91 and $41.21. At press time, the price is $45.13, up 4% from the support level and up 37% last week.
Driven by Binance, if this momentum continues, this coin is still worth paying attention to!
At present, the bull market is surging, and we have the opportunity to share passwords every day.
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