The world’s largest cryptocurrency exchange Binance announced that it will add futures for the popular memecoin Goatseus Maximus (GOAT) with x75 leverage.
On the Binance futures trading platform a new asset has appeared — GOAT token.
Cryptocurrency futures are a type of derivative contract that allows traders to enter into trades to buy or sell cryptocurrency at a pre-agreed price. When trading futures, the user does not buy the asset itself, but only agrees to an obligation to buy or sell it at a certain point in the future.
According to CoinGeckoat the time of writing, Goatseus Maximus is trading at $0.8086 with a capitalization of $805 million. Over the past 24 hours, the asset’s quotes have increased by 22.5%.
GOAT is a memecoin launched on October 10th of this year through the pump.fun token generation platform. The coin is powered by Truth Terminal, an artificial intelligence (AI) bot that creates content without human assistance. However, the community has recently questioned whether the account operates autonomously.
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Source: Cryptocurrency
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