Crypto alternate behemoth Binance on Tuesday revealed an important announcement on meme cash POPCAT & MEW (Cat in a Canines World). The alternate primarily revealed that it’s including the perpetual contracts for the talked about meme tokens to its futures copy buying and selling platform. In mild of this new enhanced providing revealed by one of many main exchanges, market watchers speculate whether or not the Solana meme cash might rally forward.
Binance Enhances Choices For POPCAT & MEW Sparking Optimism
In an official Binance announcement dated November 5, the crypto alternate revealed that it’s including POPCAT and MEW USD-Margined perpetual contracts to the futures copy buying and selling division at the moment at 09:00 UTC. Per the announcement, customers can now commerce POPCATUSDT and MEWUSDT on the copy buying and selling platform.
For context, the copy buying and selling division of the digital asset buying and selling platform permits customers to “copy skilled merchants’ portfolios in actual time.” This enhanced funding providing for market watchers, offering alternatives to maximise features on an asset, might carry a pivotal shift in market sentiments surrounding the Solana meme cash.
Primarily, as extra consumers gush in to capitalize on features mirroring skilled merchants’ profiles, a considerable improve in shopping for strain might propel bullish momentum within the meme cash. Total, because the crypto alternate big expands its choices for the abovementioned crypto, market watchers stay optimistic about future worth actions.
Solana Meme Cash’ Costs To Rally?
At press time, POPCAT worth soared practically 4% in tandem with Binance’s announcement, reaching $1.30. The coin’s intraday high and low had been $1.19 and $1.31, respectively. Concurrently, MEW worth gained practically 2% at the moment and is buying and selling at $0.008332. The coin’s 24-hour high and low had been $0.00765 and $0.008528, respectively. Notably, the cryptos’ rising worth motion aligns with the improved commerce choices by one of many leading crypto exchanges.
Concurrently, it’s additionally price mentioning that the identical alternate listed Solana-based PONKE just lately, inflicting an analogous upswing impact on the coin’s worth. Nevertheless, PONKE traded down practically 4% at the moment, reaching $0.4352, sparking contrasting sentiments on the Solana meme cash costs.
Alternatively, CoinGape Media reported that GOAT price extended weekly gains to almost 200% with the alternate’s launch of futures itemizing just lately. Total, market watchers stay unsure over POPCAT and Cat in Canines World’s costs forward in mild of current listings.
Disclaimer: The introduced content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.
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