Key Points
- Binance Futures will launch Perpetual Contracts for Comedian (BAN) and Akash Network (AKT) at 11:30 (UTC).
- The coins’ prices spiked following the exchange’s announcement.
Binance announced the launch of two futures contracts later today: Comedian (BAN) and Akash Network (AKT).
Binance Futures will launch BANUSDT and AKTUSDT Perpetual Contracts with up to 75x leverage at 11:30 (UTC) to expand traders’ choices and boost their trading experience on the platform.
Following the exchange’s official announcement, both coins experienced price surges.
BAN and AKT Prices Surge Following Binance Futures’ Announcement
Comedian (BAN) Reached a New ATH
Comedian (BAN) recorded a significant price surge after Binance announced futures listing for later today. At the moment of writing this article, BAN is trading above $0.34. The coin is up by 97% in the past 24 hours.
Following the exchange’s announcement, BAN’s price spiked from $0.25 to $0.395, a new ATH. The coin’s market cap is nearing $336 million.
Earlier today, Bybit also announced the listing of BAN on their spot trading platform.
Comedian (BAN) is a memecoin that encapsulates modern paradoxes where irony and value intersect in both art and finance, according to the team behind the project.
The memecoin pays tribute to Maurizio Cattelan, an Italian visual artist, known for his hyperrealistic sculptures and installations. His work involving a banana fixed into the white wall with silver duct tape is entitled “Comedian,” and is valued at $1 million.
Akash Network (AKT) Price, Up by 30%
AKT price also surged significantly, following Binance’s announcement. At the moment of writing this article, AKT is trading at $4.26, up by 30% in the past 24 hours.
The coin’s price surged from $3.43 to current levels, reaching a market cap of over $1.06 billion.
Akash Network (AKT) is a Supercloud spearheading a paradigm shift in cloud computing, according to the team behind the project. It aims to disrupt conventional cloud services, and it pioneers a revolution in accessing essential cloud resources.
