Aavegotchi Rallies Following Perpetual Listing Announcement By Binance Futures

Date: Mon, Sept 23, 2024, 11:36 AM GMT

Aavegotchi (GHST) is having a remarkable day in the crypto market, thanks to a big announcement from Binance, the largest cryptocurrency exchange globally. Just this morning, Binance Futures revealed it would launch the GHST/USDT Perpetual Contract, offering up to 75x leverage starting at 13:00 UTC on September 23, 2024.

Source: Binance Announcement

This news sent GHST soaring, with its price shooting up by 32% in just an hour. Over the last 24 hours, the token’s total gains have now reached 38%, indicating strong excitement and optimism from traders. At the time of writing, Aavegotchi’s market cap stands at $63 million, and it’s currently trading at $1.21, according to CoinMarketCap.

Source: Coinmarketcap

Aavegotchi is a unique NFT-based game that blends elements of decentralized finance (DeFi) and allows users to stake tokens within the platform. Modeled after the nostalgic Tamagotchi game, it operates on the Aave (AAVE) network, combining fun and financial benefits for its users.

The listing of the GHST perpetual contract on Binance is expected to draw even more attention to this project, especially with the high leverage offering.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.