The cryptocurrency market is struggling to gain new momentum. The US inflation data, which is below expectations, provides support for Bitcoin and altcoins. In this process, there are also tokens that stand out with their performance. One of them is BANANA, which received news of listing for futures from Binance. Binance announced that it will list BANANA on the futures market with 50x leverage.

Binance to Launch BANANA with U-margin Perpetual Contract

Binance, the world's leading cryptocurrency exchange, announced that it will add BANANA to its futures platform. Binance will launch the BANANA perpetual contract with 50x leverage on August 15. The exchange made the following statement on the subject:

"Binance Futures will launch the USDⓈ-M BANANA Perpetual Contract with up to 50x leverage on August 15, 2024 at 05:00 UTC. The move aims to expand trading options and enhance user experience."

BANANA was rising before this announcement and this news has supported its rise. Currently, BANANA is trading at $46.06, up over 23% on a daily basis. During the same period, the token’s trading volume has increased by a remarkable 246%, reflecting the interest of investors and traders in BANANA.

US CPI Data Supports Crypto Market

The US consumer price index (CPI) fell below expectations and fell to 2.9%. This gave Bitcoin and altcoins an upward momentum. As you follow on Kriptokoin.com, the Producer Price Index (PPI) also fell more than expected. Slowing CPI pressure may allow the Fed to ease monetary policy. Investors are looking for clues for moderate price increases. Crypto traders are buying the dip in line with expectations for Fed interest rate cuts to begin in September.

The annual CPI inflation rate in the US eased to 2.9% from 3% in June. Inflation rose to 0.2% after a 0.1% decrease from the previous month. Core inflation fell for the fourth consecutive month at 3.2%, the lowest since April 2021. The monthly core inflation rate rose to 0.2% from 0.1%, but it was lower than the previous month’s 0.3%. The cooling inflation leaves room for the Fed to announce a rate cut. The central bank will await employment data and PCE inflation data before making a decision on whether to cut rates. The market is expecting a larger rate cut from the Fed in September.

FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.

My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.

Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who can benefit?

Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.

I EXPLAIN IN DETAILED.

My brothers and sisters who have become Binance members without a reference, please listen carefully;

When you do what I say in order, you will receive 10 USDT.

Go to the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.

The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.

It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.

WHEN WILL THE REWARD COME?

Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.

You can share this post with your friends in need so that they can also benefit from it.

IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.