Binance Futures Launches Perpetual Contracts for ALCH, COOKIE, SWARM
- Binance introduced USD-margined perpetual contracts for ALCH, COOKIE, and SWARM.
- COOKIE rose 18% intraday to $0.6592; ALCH increased by 26% to $0.1957.
- SWARMS saw a 38% uptick, trading at $0.4903 after whale transactions.
The introduction of perpetual contracts on Binance has led to significant price increases for the tokens. This enhanced market visibility can attract further investment interest, potentially impacting future regulatory scrutiny due to increased trading volumes and market activity.
