• Binance now offers 75x leverage on FLOKI, AAVE, and TAO.

  • Increased leverage could drive significant price movements for these altcoins.

  • FLOKI, AAVE, and TAO might see heightened trading interest and potential rallies.

Binance Exchange has revamped the leverage and margin tiers for several altcoins, including FLOKI, AAVE, and TAO. With the new adjustments, traders can now leverage these coins up to 75x, a significant boost from previous limits. 

This change could spark substantial price movements and heightened interest. Let’s dive into how these updates might impact FLOKI, AAVE, and TAO.

FLOKI: A Bullish Surge Ahead

               Source: Trading View 

Binance’s announcement to increase leverage options are a game-changer for Floki (FLOKI). Traders can now use up to 75x leverage, opening doors for larger trades. 

This could drive more liquidity into the meme coin’s ecosystem. The recent CAT airdrop has also boosted FLOKI's prospects. 

Holders are seeing increased activity and interest. Coupled with a recent partnership, FLOKI’s price might be on the verge of a significant rally.

AAVE: Quiet Gains with Strong Momentum

              Source: Trading View 

Aave (AAVE) is experiencing a quiet surge. The DeFi token has gained over 3% in the last 24 hours and boasts a 50% increase over the past month. 

This rise is noteworthy, especially since the broader crypto market has been flat. Whales are accumulating AAVE, contributing to its impressive performance. 

The new leverage options from Binance could further amplify this upward trend. This makes AAVE attractive to potential investors.

Bittensor (TAO): A Potential Breakout to New Highs

               Source: Trading View 

Bittensor (TAO) could be gearing up for a breakout. With Binance’s new leverage tiers, traders can now explore significant positions in TAO. 

In a recent X post, Crypto analyst Dark Horseman suggested that TAO might surge to its previous all-time high of $767. If demand increases and liquidity flows in, TAO could potentially hit new highs.

Binance’s updates are setting the stage for these three altcoins to potentially explode. With enhanced trading capabilities and growing interest, FLOKI, AAVE, and TAO might soon see notable price movements.

The post 3 Altcoins That Could Explode with Binance’s New Support: FLOKI, AAVE, TAO appeared first on Crypto News Land.