Binance, one of many world’s main crypto exchanges, in the present day made a major announcement on Voxies (VOXEL), the native utility token of Voxie Ways. As per an official launch, the crypto alternate is now launching futures buying and selling for the token. This growth has garnered vital curiosity amongst crypto market contributors, as Voxies value reacted with a whopping 75% uptick in worth after the itemizing announcement.
Binance Launches Futures Buying and selling
In accordance with an official announcement by Binance in the present day, August 20, the crypto alternate is launching the USD-Margined perpetual contract for VOXEL at 10:30 UTC in the present day. Customers can get pleasure from futures buying and selling with as much as 50x leverage on the asset.
Notably, the underlying asset stays Voxies (VOXEL), the native token of Voxie Ways, a 3D turn-based tactical RPG recreation constructed on a blockchain. Furthermore, the alternate set the capped funding fee at +2.00% / -2.00%. After this announcement, VOXEL value peaked.
Nonetheless, the crypto alternate revealed that it might modify the specs of the itemizing “primarily based on market threat circumstances.” Apart from, it’s price mentioning that top leverages appeal to extra market contributors to put money into the asset, jacking up buying and selling quantity and market consideration.
Altogether, the futures itemizing has set off optimistic waves for Voxies throughout the broader market. As seen beforehand, even Synapse (SYN) value rallied phenomenally with the crypto exchange‘s futures itemizing of the token.
Voxies Value Surges
Concurrently, Voxies value surged 75% after Binance’s itemizing announcement to commerce at $0.2446 at press time. Its 24-hour lows and highs had been recorded as $0.1261 and $0.2699, respectively. Notably, the token’s intraday buying and selling quantity surged 34% to relaxation at $84.56 million in the present day. Additionally, the coin’s market cap rested at $46.26 million.
Voxies 14-day RSI rested at 83, indicating that the coin entered an overbought territory in the present day. This additionally hints at a possible value rebound lurking over the crypto horizon. Apart from, market technicals flagged a robust purchase sign for the asset, sparking additional investor curiosity over future value actions. However, the coin at present surfs an optimistic tide in opposition to the backdrop of futures itemizing for the token.
In the meantime, the crypto realm additionally noticed different main alternate listings in the present day. South Korean crypto alternate Upbit announced Pepe coin and BRETT listing on its platform, sparking additional discussions throughout the worldwide crypto neighborhood.
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