Binance News: Moca Network Gets Binance Futures Listing

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As a seasoned crypto investor with a keen eye for promising projects and a knack for timely market entries, I must admit that the recent Binance listing of Moca Network has piqued my interest. Having navigated through numerous bull and bear markets, I can confidently say that a listing on Binance often serves as a significant catalyst for a coin’s growth.

Moca Network has successfully secured a listing on Binance, drawing significant attention from market participants. This is evident in its strong surge, with the MOCA price currently up by approximately 160% and an earlier increase of around 370%. Furthermore, other major exchanges are expressing interest in listing the token, fueled by the growing excitement about the project.

Binance News: Moca Network Listing Sparks Optimism

In the latest Binance update, it’s been announced that they will be adding the Moca Network to their Futures platform. This news has generated a positive response in the market. As per the announcement, starting December 16, 2024, at 11:30 UTC, Binance will introduce MOCA/USDT perpetual contracts with up to 75 times leverage, which is exciting news for traders.

Simultaneously, the listing of the token on Binance and increased attention from other major cryptocurrency exchanges have created a lot of excitement around the project. With funding rates capped at +2% or -2%, having MOCA listed provides more trading opportunities, which boosts investor confidence and fuels optimism for continuous growth.

Typically, good news or updates from major cryptocurrency exchanges tend to improve market confidence. Given this, it’s anticipated that this latest announcement could fuel a new surge in the price of Moca.

MOCA Price Soars 160%

It seems that the announcement of MOCA being listed on Binance has fueled an even greater positive mood in the market. At the time of writing, MOCA’s price had climbed approximately 158% to $0.22. Its trading volume surged an astounding 7558%, reaching a staggering $1.34 billion, pointing towards high levels of trading activity for this asset. Moreover, data from CoinGlass revealed that the open interest in MOCA Futures contracts jumped by 1297% to $35.64 million, suggesting robust market confidence, which could potentially lead to even more growth in the future.

In addition to major South Korean trading platforms such as Upbit and Bithumb, among others, including the token has boosted optimism. This string of listing confirmations suggests a growing trust in the asset from the platform. Remarkably, the price of MOCA Network has surged approximately 370% during early trading hours following these recent developments.

Meanwhile, other market analysts continue to be optimistic about the project as well. Animoca Brands co-founder Yat Siu has also expressed praise for the recent listings, stating, “Thank you Upbit, and now Korea is part of the Moca Network, bringing mass adoption to web3.

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2024-12-16 15:10