Altcoin with Limited Circulation Surges following Binance's Announcement of Permanent Contract Trading Listing
Titled "BANK Token Surges After Listing on Binance Futures"
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Lorenzo Protocol's BANK Token (BANK) Skyrockets After Binance Futures Listing
In a recent announcement, Binance, the world's leading crypto exchange by volume, revealed its support for BANK on Binance Futures. This came just on the same day as BANK's official launch on the BNB Chain.
With BNB Chain's debut, BANK soared from its launch day low of $0.03 to a peak of $0.057 just hours later. However, it's currently trading at $0.044, marking a 13% decline during the last 24 hours. BANK is a low-cap altcoin with a market cap of $18.85 million.
Binance has introduced BANK/USDT perpetual contracts with up to 50x leverage as part of this listing.
Lorrenzo Protocol enables staking of Bitcoin (BTC) to obtain staked liquid tokens that can be used on DeFi platforms. As per its official website, Lorrenzo aims to create an efficient market allowing Bitcoin holders to find the best opportunities to invest their unused Bitcoin liquidity.
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("The Daily Hodl: April 20, 2025") © 2025 The Daily Hodl
- The announcement of Lorenzo Protocol's BANK Token listing on Binance Futures has sent its price soaring.
- Binance has launched BANK/USDT perpetual contracts with up to 50x leverage as part of this listing.
- BANK, a low-cap altcoin, soared from its launch day low of $0.03 to a peak of $0.057 after the Binance Futures listing.
- Lorrenzo Protocol enables staking of Bitcoin (BTC) to obtain staked liquid tokens for use on decentralized finance platforms like DeFi.
- Binance's support for BANK on Binance Futures is expected to enable more opportunities for finance involving cryptocurrencies.
