🚀🚀Breaking News! Altcoin Increased by 79 Percent in 15 Minutes! Binance Started the Week Fast! 🚀🚀
Binance Exchange launched Syscoin (SYS) futures with 50x leverage, and this development led to a significant increase in the SYS price. Following Binance's announcement, the SYS price increased by 79% and the trading volume increased by 343% to $80.4 million.
In November last year, Binance experienced great uncertainty due to the conviction of its CEO CZ and the exchange's punishment. However, this process was resolved faster than expected thanks to the new CEO and the more moderate structure of the company's policies. Adopting a harmonious working approach with government institutions and regulators, the negative atmosphere on the exchange gradually disappeared and investor interest began to increase again. Following these developments, Binance continues to take new steps by accelerating its listing and delisting processes.
Finally, Binance's new move on its futures platform has created great excitement among investors. The exchange announced that it will list futures for Syscoin (SYS) with 50x leverage support. This new transaction will start on August 19, 2024 at 12:30 UTC and will be offered as a SYS/USDT perpetual contract.
Following the announcement, a significant increase was seen in the SYS price. SYS, which was at $0.11 before the news, reached $0.15 with a 79% increase in minutes. This price increase also affected the market volume; currently, the market volume has exceeded $120 million. In addition, there was a remarkable increase in the trading volume, reaching $80.4 million with a 343% increase.
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