Monat: Oktober 2024

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GOAT token soars as Binance lists perpetual contract

  • Binance launches GOAT perpetual contract with 75x leverage.
  • GOAT meme token jumped 18% to $0.88 amid several other exchange listings.
  • Goatseus Maximus (GOAT) is an AI meme coin on Solana.

Binance, the world’s largest crypto exchange by trading volume, has announced the launch of futures contract for meme coin GOAT.

In an announcement on Oct. 24, Binance said it will list the GOATUSDT perpetual contract on October 24, 2024 at 13:30 UTC. The contract will allow a trading leverage of up to 75x.

Binance Futures’ listing is for the meme coin Goatseus Maximus (GOAT), which has seen its price spike 18% in the past 24 hours amid the listing and overall meme coin sentiment. GOATUSDT will settle in the stablecoin USDT and feature a tick size of 0.0001.

Trading is also available in multi-assets mode, which means users can trade the GOATUSDT perpetual contract with multiple margin assets. This includes the use of an asset such as BTC or ETH as margin. According to Binance, settlement for funding fees will be at four-hour intervals.

Goatseus Maximus has climbed higher among Solana based meme coins, with its gains in the past 24 hours surpassing the likes of Popcat and Bonk.

Apart from Binance, other top exchanges to announce support for futures contracts for GOAT include OKX and Bybit. Crypto exchanges BitMEX, Bitget and WOO X have already added spot trading for GOAT/USDT.

The post GOAT token soars as Binance lists perpetual contract appeared first on CoinJournal.

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Popcat climbs to all-time high as meme coins surge

  • Popcat rose more than 10% to hit a new all-time high of $1.67.
  • The cat-themed meme coin’s surge coincides with an uptick for most meme coins.

Popcat (POPCAT) is among the top gaining coins in the top 100 by market cap. This comes as Popcat price recorded a 24-hour spike of over 10.5% to hit a new all-time high of $1.67.

The cat-themed Solana meme coin has jumped more than 24% in the past week and 69% over the last 30 days. Its price hovered just above $0.88 on Sept. 24, having gained momentum following listing on Kraken.

Bulls have continued higher, breaking from lows of $1.33 during the Asian hours to hit the new ATH. The upside happened within a rising channel pattern. The retest of the upper trendline and breakout saw it rise to a new all-time high.

Overall, Popcat’s gains have coincided with a broader upside for the meme coin market.

POPCAT/USDT chart. Source: TradingView

POPCAT leads meme coin rally

While Dogecoin, Shiba Inu and dogwifhat are among tokens to rise as the crypto market targets fresh momentum, POPCAT has stood out as one of the outperformers.

In the past 24 hours, the token’s market cap surpassed that of Bonk and Floki, before the former reclaimed the upper hand amid profit taking for POPCAT.

Per CoinGecko data, the meme coins currently stand at $1.55 billion and $1.50 billion respectively for Bonk and Popcat. Floki, which has struggled in the past month, gaining by only 6% at the time of writing, has a market cap of $1.39 billion.

In the 4-hour chart above, the POPCAT/USDT pair is likely to revisit the channel’s upper trendline for support. Success could allow bulls to push higher amid price discovery – particularly if market conditions provide the tailwinds bulls target.

However, a breakdown beyond $1.51 could push POPCAT to primary support at $1.36.

The post Popcat climbs to all-time high as meme coins surge appeared first on CoinJournal.