Binance announced the launch of two new futures contracts: HIPPOUSDT and 1000XUSDT with up to 75x leverage. Following the announcement, the prices of these tokens surged significantly.
Launch of New Futures Contracts
Binance continues to rapidly expand its futures offerings, aiming to provide more trading opportunities for users. The new contracts are set to launch today at 12:00 UTC.
HIPPO Price Surge
HIPPO's price surged following the listing announcement on Binance. At the time of writing, HIPPO is trading above $0.22, up by 80% in the last 24 hours. Prior to the announcement, the average price was around $0.01. Its current market cap is over $216 million.
1000X Price Increase
The 1000X token also experienced a significant price surge following its listing announcement. Currently trading above $0.0003, it is up by 9% in the last 24 hours. Previously, the token was on a declining trajectory. Now, its market cap exceeds $233 million. This token was among the top five gainers last week, partly due to the AI avatars' return announcement.
The launch of new futures contracts on Binance sparked a price surge for HIPPO and 1000X tokens, highlighting traders' high interest in these assets.
