The cryptocurrency market witnessed strong rallies this week. The leading crypto Bitcoin broke record after record. The altcoin market witnessed some explosions. Amid these developments, the giant cryptocurrency exchange Binance announced that it added 3 altcoins to its list in the futures market. These altcoins attracted the attention of investors with their rise over the past week.
Binance added GRASS, DRIFT and SWELL to its futures list!
As you follow from Kriptokoin.com, crypto exchanges continue to update their lists. Binance, the world’s largest cryptocurrency exchange, announced that GRASS, DRIFT and SWELL are listed on the futures market with up to 75 times leverage. Binance stated that it added these leveraged perpetual contracts to its list as part of its ongoing efforts to enhance users’ trading options and improve the trading experience. In this context, the exchange made the following statement:
Binance Futures will launch the following perpetual contracts with leverage up to 75x to expand the list of trading options offered on Binance Futures and enhance users’ trading experience:
- GRASSUSDT Continuous Contract
- DRIFTUSDT Perpetual Contract
- SWELLUSDT Perpetual Contract
Source: BinancePrice performance of altcoins
Meanwhile, GRASS , which Binance added to its futures list, performed strongly last week. The altcoin price increased by about 76% on a weekly basis. The token peaked after the Binance listing and then started to decline. At the time of writing, GRASS was trading at $ 2.93, down more than 19% on a daily basis. This indicates profit-taking by investors.
GRASS weekly price chart. Source: CoinMarketCapMeanwhile, DRIFT also performed strongly over the past day and week. The altcoin’s price surged nearly 219% on a weekly basis. The token peaked after the Binance listing and then lost some altitude. At the time of writing, DRIFT was trading at $1.53, up more than 89% on a daily basis. In addition, the token’s trading volume increased by an extraordinary 689%. This reflects the interest of investors and traders in the token.
DRIFT weekly price chart. Source: CoinMarketCapBinance-listed SWELL also performed strongly the past day and week. The altcoin price increased by approximately 125% on a weekly basis. The token continued on its upward trajectory after the Binance listing. At the time of writing, SWELL was trading at $ 0.066, up more than 48% on a daily basis. In addition, the token’s trading volume increased by a remarkable 56%. This reflects the interest of investors and traders in the token.
SWELL weekly price chart. Source: CoinMarketCapFollow us on Twitter, Facebook and Instagram, and join our Telegram and YouTube channel to stay up to date with breaking news !
