Cat in a Canines World (MEW), the most important cat-themed coin and one of the common meme cryptos on Solana (SOL) blockchain, is now obtainable for perpetuals merchants on Binance Futures. Following the announcement, each the MEW worth and buying and selling quantity are revisiting native highs.
Solana meme coin MEW debuts on Binance Futures
Ranging from June 17, 2024, main meme coin Cat in a Canines World (MEW) was added to Binance Futures, a by-product buying and selling dashboard of the world’s largest alternate, Binance (BNB). Binance Futures launched the USD-M MEW Perpetual Contract with as much as 50x leverage obtainable.
https://t.co/rkladET3UM
— MEW (@MewsWorld) June 17, 2024
The utmost funding charge of the MEWUSDT Perpetual Contract on the time of launch was restricted by 2%, whereas the precise funding charge is being adjusted each 4 hours.
From the very starting of MEWUSDT contract exercise on Binance (BNB), Multi-Belongings Mode has allowed customers to commerce the brand new coin throughout a number of margin belongings, topic to the relevant haircuts. For instance, when the Multi-Belongings Mode is activated, customers can use BTC as margin when buying and selling the MEWUSDT Perpetual Contract.
The meme coin neighborhood is worked up concerning the itemizing of the MEWUSDT contract on Binance (BNB) and stresses its distinctive standing within the phase:
Congratulations $MEW neighborhood. That is large! (…) Congrats, first cat on Binance (…) We hope to see spot itemizing fairly quickly.
As coated by U.Right this moment beforehand, Binance (BNB) alternate completed the 200 million person milestone final week and achieved an unbelievable $120 billion in person belongings.
MEW worth jumped by 25% on announcement
The alternate is forward of its main competitor, OKX, by over 100 million customers globally, latest knowledge reveals.
Following the hotly anticipated announcement, the Cat in a Canines World (MEW) worth jumped from $0.004 to over $0.0051 on main spot exchanges.
For the primary time in two weeks, the capitalization of MEW soared over $450 million regardless of apathy dominating the market.
Additionally, the asset set a brand new buying and selling quantity file, coming into the highest 50 cryptos by this metric. Within the final 24 hours, the indicator doubled and exceeded $220 million.