Binance Will Launch Futures Trading for COOKIE, ALCH, and SWARMS

Key Points

• Binance launches futures contracts for COOKIE, ALCH, and SWARMS at 11:30, 11:45, and 12:15 (UTC).
• The three coins are already listed on the Binance Alpha market.

In an official announcement, Binance revealed more futures contracts to be listed later today. Binance will launch futures trading for three digital assets:

• Cookie DAO (COOKIE)
• Alchemist AI (ALCH)
• Swarms (SWARMS)

The crypto exchange continues to list futures contracts to diversify users’ trading options and boost their overall experience on the platform.

Futures Contracts Listing Details

Binance will launch the three futures contracts as follows:

• COOKIEUSDT Perpetual Contract will be launched at 11:30 (UTC)
• ALCHUSDT Perpetual Contract will be launched at 11:45 (UTC)
• SWARMSUSDT Perpetual Contract will be launched at 12:15 (UTC)

All three Perpetual Contracts will be launched with up to 75x leverage.

Binance also mentioned that the three digital assets have previously been listed on the newly launched Binance Alpha, a platform to highlight the potential of innovative projects in Web3.

Coins’ Price Trajectory Following Binance’s Announcement

Here’s the price trajectory for the three coins, following Binance Futures’ announcement.

COOKIE Price Trajectory

COOKIE’s price spiked from $0.59 above $0.33, reaching a market cap of over $100 million following the announcement from Binance Futures.

Then, the digital asset’s price dropped back to previous levels around $0.59, only to see a renewed surge afterward. Now, the coin is trading at around $0.6 and it has a market cap of about $95 million.

COOKIE is the utility token of the Cookie DAO and the representation of value in the magnetic economy.

ALCH Price Trajectory

Ahead of Binance’s announcement, ALCH recorded a price surge from $0.18 to over $0.19, and after that, it dropped to previous levels, now seeing a renewed surge.

At the moment of writing this article, ALCH is trading at $0.18 and the coin has a market cap of $160 million.

Alchemist AI is a no-code development platform where users can manifest any idea, dream, or thought into a living application.

SWARMS Price Trajectory

Today, SWARMS had an ascendant trajectory, but following Binance’s announcement, the coin’s price dropped from $0.6 levels to $0.49 levels.

Now, the coin is surging again and it’s priced at $0.51, having a market cap above $515 million.

Swarms’s main function is to enable multiple AI agents to collaborate like a team using collective intelligence to solve complex problems.