Solana meme coin SLERF worth has superior 55% at this time, rising because the speak of the crypto city on Thursday. Notably, the coin surfs bullish tides throughout the crypto panorama because the main crypto trade, Binance, unveiled a brand new itemizing for it. For context, merchants additionally reacted positively to the itemizing announcement because the token’s intraday buying and selling quantity soared over 200%.
Binance Unveils SLERF Perpetual Contract Igniting Market Bullishness
In an official Binance announcement dated November 21, the crypto trade revealed that it’s launching SLERFUSDT (USD-Margined) perpetual contract at this time at 11:30 UTC. Intriguingly, the platform’s colossal consumer base stays poised to take pleasure in as much as 75x leverage buying and selling the asset. This has sparked a SLERF worth rally not too long ago, indicating the rising market confidence.
Additional, the leading crypto exchange set the capped funding charge for the token at +2.00% / -2.00%. Additionally, the tick measurement for the crypto was 0.0001, per the announcement. Notably, the underlying asset stays the abovementioned Solana meme coin, SLERF.
However, Binance additionally revealed that it’s launching Secret (SCRT) (USD-Margined) perpetual contract on the identical date and time. This perpetual contract launch additionally boasts most leverage of 75x in an effort to magnetize buyers. Total, these enhanced choices have set off optimistic waves for the tokens throughout the broader market, providing enhanced liquidity and funding alternatives to market contributors.
SLERF Worth Rallies
On the time of reporting, SLERF worth witnessed good points value 55% and is presently buying and selling at $0.4373. Its intraday high and low have been $0.2547 and $0.4266, respectively. The coin’s 24-hour buying and selling quantity surged 219% to $271.18 million. Notably, this rising motion falls in keeping with the abovementioned itemizing.
Additional, buyers anticipate extra good points within the Solana meme coin’s worth towards the backdrop of one other bullish on-chain metric. A latest CoinGape Media report revealed that SLERF whale accumulation soared remarkably, underscoring vital shopping for stress for the asset.
In the meantime, it’s additionally noteworthy that SCRT worth witnessed good points value 2% intraday within the wake of the itemizing and is buying and selling at $0.3393. The coin’s 24-hour high and low have been $0.302 and $0.3791, respectively.
Disclaimer: The introduced content material could embody 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 accountability on your private monetary loss.
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