The world’s largest cryptocurrency exchange Binance has initiated margin and futures trading for Sleepless AI (AI) which was listed last week. The exchange announced the start of margin and futures trading for Sleepless AI’s AI token.
Binance Initiates Margin and Futures Trading for Sleepless AI (AI)
Binance, the world’s largest cryptocurrency exchange by volume, announced margin and futures trading for its 42nd launchpool project, Sleepless AI. Accordingly, the exchange will start margin and futures trading for AI today at 15:30 local time.
AI will be added as a new borrowable asset in AI/USDT trading pair for Cross Margin and Isolated Margin on Binance Margin today at 15:30 local time. Additionally, the token will also be available on Binance Futures with up to 50x leverage in the AI/USDT trading pair at the same time.
Market observers and experts are evaluating that there could be increased short-term volatility in the AI token before and after Binance’s move.
Current Status of AI
Sleepless AI’s AI token, an altcoin project supported by Binance, is trading at $1.49, down 2.64% in the last 24 hours at the time this article was written. Data also shows that the trading volume of the altcoin has increased by 36.42%, reaching $247.76 million in the same time frame.
As is known, Binance’s 42nd launchpool project reached an all-time high (ATH) of $1.97 after being listed last week. AI is currently priced 26.93% below its ATH with current prices.
Sleepless AI, where artificial intelligence meets love, stands out as a groundbreaking Web3+AI gaming platform that combines artificial intelligence and Blockchain technology. At its core, Sleepless AI aims to create a revolution in the gaming industry with its unique approach and the extensive expertise of its team. The project’s mission is to offer games with unique emotional support and immersive gaming experiences in conjunction with AI. The project aims to redefine the gaming world by seamlessly integrating advanced artificial intelligence and Blockchain technologies.