Solana meme coin SLERF worth has superior 55% as we speak, rising because the discuss of the crypto city on Thursday. Notably, the coin surfs bullish tides throughout the crypto panorama because the main crypto change, Binance, unveiled a brand new itemizing for it. For context, merchants additionally reacted positively to the itemizing announcement because the token’s intraday buying and selling quantity soared over 200%.
Binance Unveils SLERF Perpetual Contract Igniting Market Bullishness
In an official Binance announcement dated November 21, the crypto change revealed that it’s launching SLERFUSDT (USD-Margined) perpetual contract as we speak at 11:30 UTC. Intriguingly, the platform’s colossal consumer base stays poised to take pleasure in as much as 75x leverage buying and selling the asset. This has sparked a SLERF worth rally not too long ago, indicating the rising market confidence.
Further, the leading crypto exchange set the capped funding charge for the token at +2.00% / -2.00%. Also, the tick measurement for the crypto was 0.0001, per the announcement. Notably, the underlying asset stays the abovementioned Solana meme coin, SLERF.
On the opposite hand, Binance additionally revealed that it’s launching Secret (SCRT) (USD-Margined) perpetual contract on the identical date and time. This perpetual contract launch additionally boasts most leverage of 75x in an effort to magnetize traders. Overall, these enhanced choices have set off optimistic waves for the tokens throughout the broader market, providing enhanced liquidity and funding alternatives to market members.
SLERF Price Rallies
At the time of reporting, SLERF worth witnessed features price 55% and is at present buying and selling at $0.4373. Its intraday high and low had been $0.2547 and $0.4266, respectively. The coin’s 24-hour buying and selling quantity surged 219% to $271.18 million. Notably, this rising motion falls in step with the abovementioned itemizing.
Further, traders anticipate extra features within the Solana meme coin’s worth in opposition to the backdrop of one other bullish on-chain metric. A current CoinGape Media report revealed that SLERF whale accumulation soared remarkably, underscoring vital shopping for strain for the asset.
Meanwhile, it’s additionally noteworthy that SCRT worth witnessed features price 2% intraday within the wake of the itemizing and is buying and selling at $0.3393. The coin’s 24-hour high and low had been $0.302 and $0.3791, respectively.
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