Binance, the world's largest cryptocurrency exchange, continues to make altcoin announcements without slowing down.
At this point, Binance announced that it will launch futures trading for the altcoin called PONKE with 75x leverage.
“To expand the list of trading options offered on Binance Futures and enhance users' trading experience, Binance Futures will launch the PONKE/USDT Perpetual Contract with up to 75x leverage starting on 2024-11-04 12:30 PM (UTC).”
Following the news, there was a sudden increase in the price of PONKE.
*This is not investment advice.