Binance Fuels Double-Digit Price Rally for These Altcoins: Details

These Altcoins Surged After Binance Catalysts Hit the Market

Binance launched BIRB/USDT and GWEI/USDT perpetual contracts with up to 50x leverage and multi-asset mode. Both contracts allow trading without an expiration date and the use of other cryptocurrencies in positions. After the announcement, BIRB rose 12% and GWEI gained 30%. The exchange also removed tokens that do not meet its criteria: WIZARD, SHOGGOTH, G, FWOG, UFD, BRIC, UPTOP, PORT3, XNAP, MORE, BOMB, and BOOST. BOOST recorded the largest dro…

Binance Fuels Double-Digit Price Rally for These Altcoins: Details

The world’s largest crypto exchange has once again triggered a major rally in certain digital assets after implementing new services on its platform. At the same time, numerous other tokens headed south after Binance revealed it would terminate access to them. The Binance Effect Earlier today (January 29), the company revealed the launch of BIRB/USDT and GWEI/USDT perpetual contracts with up to 50x leverage. Both products have the multi-assets m…