Sudeng's HIPPO Token Soared by 66% After Binance Unveiled a USD-Margined Perpetual Contract with 75x Leverage

This bullish listing attracted significant investor interest, propelling trading volumes to new heights.

Binance Adds HIPPO, X USD-Margined Perpetual Contracts with 75x Leverage

Crypto exchange Binance announced the listing of the HIPPO and X USD-Margined perpetual contracts on Monday. The listing will go live today at 12:30 UTC.

Binance Adds HIPPO, X Perpetual Contracts

An announcement from Binance on Monday revealed the listing of the HIPPO and X USD-Margined perpetual contracts. The listing will be available on Monday, November 13, at 12:30 UTC.

According to the listing announcement, the asset will be available for trading on the platform with up to 75x leverage. The exchange also announced support for the asset in Multi-Assets mode.

Furthermore, the exchange is expanding its trading offerings with the addition of the X Empire (X) futures contract (1000XUSDT). The platform’s massive user base will also be able to trade the asset with 75x leverage starting at the same time and date.

Since their listing on one of the major crypto exchanges provides more trader exposure to the assets, which is occurring at a time of bullish crypto market, investors are showing a keen interest in the assets. Meanwhile, market experts expect a positive impact on pricing as more capital flows into the token ecosystem.

HIPPO Price Surges 66% after Listing Announcement

The price of HIPPO, which was earlier trading at $0.02119, surged by 66%. The coin price ranged between a day’s low of $0.01075 and a day’s high of $0.02453. The token’s intraday trading volume also jumped 102% to $106.68 million, Coingape noted.

X price increased by 1% with the futures listing and is currently trading at $0.0003148. The price of this currency has varied between 0.0003618 and 0.000211 over the past 24 hours. The rising actions of the listed tokens have piqued market interest in their potential future performances, given Binance’s earlier successful listings.

Market Eyes PNUT, ACT for Potential Gains

It is worth noting that the token prices soared when the exchange announced spot listings for PNUT and ACT. The tokens are available in the ACT/USDT and PNUT/USDT trading pairs on the exchange.

Overall, these listings garnered immense attention in the previous chronicle. The tokens are being monitored by members of the crypto space to observe any further changes in their prices.