Crypto News – BADGER experienced a remarkable 20.18% gain in price in a single day, going from $2.8 to $4.61. The token cost $5.53 at its highest point. The market’s bullish sentiment following Binance’s statement is indicated by this price increase.
With Binance’s Extraordinary Contribution, BADGER Crypto Finally Hits $5 Today
Coin prices shot up after Binance revealed on November 9th that it would be launching the USDS-M BADGER Perpetual Contract. Interest in BADGER has surged ahead of the listing, which is set for November 9 at 12:30 PM (UTC). With a maximum leverage of 50x, traders are already learning how to use this new trading tool.
Of course, Binance is not the only driver of Badger crypto‘s price surge. The fact that Bitcoin, the most popular cryptocurrency, hit a new record high today shows that the market as a whole is on the rise. With this increase in the price of BTC, many cryptocurrencies, including Badger, have also joined the excitement and are on the rise.
In line with this increase, the price of Badger crypto was trading at $4.60, up 10.89% at the time of writing, according to CoinMarketCap data. The token’s market cap and volume also increased by 10.29% and 333.27%, respectively, to their new values of $89,282,045 and $313,618,200.
About Badger DAO
A decentralized autonomous organization Badger DAO is open-source and committed to creating tools and systems that make it easier to use Bitcoin (BTC) as collateral on a variety of smart contract platforms. On December 3, 2020, the mainnet went live.
With the use of this platform, developers, sometimes referred to as badge builders, can work together to apply Bitcoin as collateral to as many blockchains as they can. For each implementation, a developer is able to receive a portion of the fees and BADGER tokens from the mining pool.
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