VeThor Token (VTHO), which is gas for the VeChain network, has just been listed on Binance Futures. VTHOUSDT perpetual contract is now open for trading at 09:30 UTC so traders can start the leverage up to 75x. The VeThor binance listing has made keen interest from both retail and institutional investors that is causing speculation on the future $VTHO crypto market.
Perpetual Contract: VTHOUSDT
Maximum Leverage: Up to 75x
Capped Funding Rate: +2.00% / -2.00%
Funding Fee Settlement: Every Four Hours
Trading Hours: 24/7
Multi-Assets Mode: Supported
This listing accommodates both seasoned and novice traders to engage in high-risk, high-reward Binance Futures trading. With capped rates, the funding aims to stabilize funding costs, while four-hour settlements help mitigate high fees.
As of this writing, VeThor Token (VTHO) is trading at approximately $0.008053, marking a 24.30% increase over the past 24 hours. The vtho price surge aligns with heightened market interest due to the binance $VTHO listing.
24-Hour Trading Volume: $3.07 billion (+2,073.34% increase)
Market Cap: $703.89 million
Futures Launch Buzz: Traders are setting their positions ahead of the binance futures listing, causing the vethor cryptocurrency coin to go mad with activity.
Short-Term Volatility: An extraordinary increase in volume means there might be a chance for some wild price variance: the bulls and bears alike can sidle in to make a quick profit from very short vacillations.
Market Sentiment: Positive market chatter about vethor binance listing usually draws new investors, giving further stimulus to trading volumes.
VeChain is a blockchain platform designed for supply chain management, based on DLT. The VeThor Token (VTHO) is central to the workings of the network, serving as the "gas" for all on-chain transactions, smart contract executions, and running the network.
The daily chart shows a bullish divergence for VTHO, which is confirmed by the MACD indicator's strong performance. The MACD line (blue) is moving upward and separating from the signal line (red), indicating positive momentum.
Meanwhile, the Relative Strength Index (RSI) is at 85.80, indicating that VTHO is currently overbought. Despite the recent rally, experts warn of an upcoming pullback. A slight drop in buying pressure suggests that the market may be cooling down currently.
The listing of VeThor Binance futures represents a significant milestone for both VTHO holders and the wider VeChain community. It signals that the vethor coin can now also be traded in Binance futures with high leverage, thus providing space for the investors to regroup their strategies of profit-taking, being warned, of course, that everything can collapse to ground zero within seconds. As the sending fundamentals hold high in on-chain analysis and excitement builds in the market, VeThor $VTHO has the potential of being a token to follow closely.
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