Binance announced the launch of new futures contracts for three digital assets: COOKIE, ALCH, and SWARMS. These coins are already listed on the Binance Alpha platform.
Launch of New Futures
In an official announcement, Binance revealed the release of new futures contracts for three digital assets: Cookie DAO (COOKIE), Alchemist AI (ALCH), and Swarms (SWARMS). The crypto exchange continues to expand its list of futures contracts to diversify users’ trading options and enhance their platform experience.
Listing Details
The COOKIEUSDT, ALCHUSDT, and SWARMSUSDT perpetual contracts will be launched at 11:30, 11:45, and 12:15 UTC, respectively. All three contracts will be launched with up to 75x leverage. Binance also mentioned that these digital assets have already been featured on the newly launched Binance Alpha platform, showcasing the potential of innovative projects in the Web3 space.
Coins' Price Trajectory
COOKIE's price spiked from $0.59 above $0.33 before falling back to previous levels around $0.59. As of writing, COOKIE is trading at $0.6. ALCH saw a surge from $0.18 to over $0.19 ahead of the announcement, before returning to previous levels. It is currently priced at $0.18. SWARMS initially fell from $0.6 to $0.49 but then rose again to $0.51.
The launch of new futures on Binance opens up additional opportunities for traders and investors. These actions contribute to the development of the crypto market and the expansion of available trading tools.
