Binance, the leading name in the cryptocurrency market, continues to take attractive steps towards the altcoin market. Following an important agreement with the United States Department of Justice, Binance announced on its official website on November 26th that it will list SuperFarm (SUPER), which is a NFT platform within the Ethereum ecosystem, on its futures market. As a result of this decision, SUPER gained 11.76% in the last hour.
This significant step taken by Binance for SuperFarm was also supported by Lookonchain, a blockchain analysis platform, in a post shared on November 26th. Lookonchain stated that SUPER price has increased by 230% in the past seven days and that it is related to two different Binance addresses for SUPER purchases.
Following the news, SUPER continues to trade at $0.1076 with a 29.31% increase in the last 24 hours. According to Binance’s announcement, investors will be able to trade SUPER with a 50x leverage, and the listing process will take place on November 26th at 16:00. After the announcement, the price of SUPER continued to rise.
These steps taken by Binance have caused a significant increase in the value of SUPER and are closely monitored by investors and market observers.
Binance continues to increase its impact in the cryptocurrency world with agreements with the United States and innovative projects like SuperFarm. The listing of SUPER has been well-received in the market and has paved the way for rapid value appreciation.