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On the last business day of the week, Binance is offering promising news, likely preparing for a period of increased volatility. With the rise in trading volumes within cryptocurrency markets, exchanges are accelerating their listing efforts. In the previous phase, there were notable days when unnecessary tokens were delisted in succession.
Activation of AVA and DEGO Coin Futures
According to a recent announcement, USDT futures trading pairs for AVA and DEGO will be activated. This move by Binance will open a significant liquidity channel for these two altcoins in futures trading, making it unsurprising if their prices experience abnormal fluctuations from today onwards.
Market Reactions and Price Increases
Binance tokens often respond rapidly to significant news and announcements in futures trading. Due to Binance’s large user base and high liquidity, traders looking to capitalize on news will likely influence the prices of AVA and DEGO.
The listing scheduled for 13:00 UTC will allow leverage of up to 75x. To avoid scams (such as today’s fake VANA rise), users should verify the contract numbers of the relevant altcoins on different platforms before trading.
Dego Finance contract address: 0x3da932456d082cba208feb0b096d49b202bf89c8
Travala contract address: 0xa6C0c097741D55ECd9a3A7DeF3A8253fD022ceB9
AVA Coin’s price increased by 14% due to the news.
DEGO also rose by more than 20%.
