Three low-cap altcoins rip as top crypto exchange Binance announces trading support

Three low-cap altcoins are on the rise after high international crypto trade Binance rolled out help for them.

In a brand new announcement, Binance say that it provides futures contracts for COOKIE, the utility token for the advertising finance (MarketingFi) ecosystem Cookie DAO, synthetic intelligence (AI)-focused mission Alchemist AI (ALCH) and AI agent-related mission Swarms (SWARMS).

Amid the inventory market information, COOKIE rose by double proportion factors.

COOKIE is buying and selling at $0.64 on the time of writing, up 11.1% within the final 24 hours. With a market cap of $185.8 million, COOKIE is the 413th largest crypto mission.

In the meantime, Alchemist AI is up over 34% and buying and selling at $0.22 on the time of writing. With a market cap of $190.8 million, the Solana (SOL)-based altcoin mission is the 404th largest crypto mission.

Lastly, Swarms shot as much as an all-time excessive of $0.60 on Tuesday earlier than bouncing again. Swarms is buying and selling at $0.46 on the time of writing, up marginally within the final 24 hours.

With a market cap of $467.5 million, the Solana-based altcoin is the 213th largest crypto mission.

Binance says that the utmost funding price of every of the three perpetual contracts is +2%/-2% and that funding payment settlement happens each 4 hours.

It’s unclear whether or not Binance will ultimately checklist the three altcoins for spot buying and selling.

Says Binance,

“A token listed on Binance Futures doesn’t assure that it is going to be listed on Binance Spot.”

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Featured picture: Shutterstock/Salamahin/Atelier Sommerland