Three small-cap altcoins are booming after leading global crypto exchange Binance rolled out their support.
In a new announcement, Binance announces the addition of futures contracts for COOKIE, the utility token for the marketing finance ecosystem (MarketingFi) Cookie DAO, the artificial intelligence (AI) focused project Alchemist AI (ALCH) and the project related to AI Swarms agents (ESSAY).
Amid the listing news, COOKIE jumped two percentage points.
COOKIE is trading at $0.64 at the time of writing, up 11.1% in the last 24 hours. With a market capitalization of $185.8 million, COOKIE is the 413th largest crypto project.
Meanwhile, Alchemist AI is up over 34%, trading at $0.22 at the time of writing. With a market capitalization of $190.8 million, the Solana-based altcoin project (SOL) is the 404th largest crypto project.
Finally, Swarms climbed on Tuesday to an all-time high of $0.60 before retracing. Swarms is trading at $0.46 at the time of writing, up slightly over the past 24 hours.
With a market capitalization of $467.5 million, the Solana-based altcoin is the 213th largest crypto project.
Binance says the maximum funding rate for each of the three perpetual contracts is +2%/-2% and funding fee settlement occurs every four hours.
It is unclear whether Binance will eventually list all three altcoins for spot trading.
Said Binance,
“A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.”
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Featured image: Shutterstock/Salamahin/Atelier Sommerland
