Date: Wed, Sept 18, 2024, 12:02 PM GMT
Kadena (KDA) is shining in the crypto market today, following a significant announcement from Binance, the world’s largest cryptocurrency exchange. Just 10 minutes ago, Binance Futures took to X (formerly Twitter) to reveal that it will launch the KDA/USDT Perpetual Contract on September 18, 2024, at 13:30 UTC, with leverage options of up to 75x.
The news immediately sparked a surge in Kadena’s price, with the token skyrocketing by 24% within just one hour. Over the last 24 hours, Kadena’s total gains now sit at 25%, reflecting growing interest and optimism around this development. The token currently has a market capitalization of $184 million, with a trading price of $0.06371 as per Coinmarketcap.
Kadena is a public blockchain platform designed to enhance both the security and speed of blockchain technology. With this new perpetual contract listing, the platform is expected to gain more traction among traders and investors.
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