Binance has announced the launch of futures trading for Aavegotchi (GHST) on September 23 at 13:00 UTC. The new GHSTUSDT contract will be available with leverage up to 75x.
Trading Launch and GHST Price Surge
Following the announcement, the price of the GHST token surged significantly. At the time of writing, GHST is trading at $1.19, up by 37% compared to the previous day. Earlier, the price reached $1.22, with a market capitalization of approximately $63 million.
Aavegotchi Project Overview
Aavegotchi (GHST) is the governance token of the Aavegotchi NFT Gaming Protocol. GHST is an ERC20 token that can be bought and sold freely via an AMM (Automated Market Maker) smart contract owned by the DAO. GHST token holders receive voting power in the AavegotchiDAO, which oversees all aspects of the protocol, including the flagship game Gotchiverse and NFTs.
Key Project Features
The project includes several significant achievements: raising $30 million without venture capital involvement, and the introduction of the new L3 platform, Geist. Key features of Aavegotchi include pixelated ghost images, dynamic metadata, and value determination based on collateral, traits, and wearables.
The launch of Aavegotchi futures trading on Binance offers users new opportunities for investing and trading digital assets.
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