- DODO impress jumped 33% after Binance announced the DODO perpetual contract.
- Users will bag admission to the product with as much as 20x starting August 8 at 08:00 (UTC).
DODO, the governance token of the decentralized substitute (DEX) platform of the identical title, spiked by extra than 33% on Monday morning. Internal hours of an announcement from main crypto substitute Binance, the price of DODO rose to $0.13, mercurial jumping to a two-month excessive.
The final time DODO traded at that stage became as soon as in early June this year. Earlier than on the present time’s upside, the token had traded in a differ between $0.09 and $0.10.
Alternate DODO with as much as 20x leverage
Binance earlier on the present time announced a DODO perpetual contract with as much as 20x leverage, notifying possibilities that the product will skedaddle continue to exist August 8, 2023 at 08:00 (UTC). The DODO perpetual contract will substitute beneath the ticker symbol DODOXUSDT.
In step with Binance, the product helps multi-sources mode, which implies possibilities can substitute DODOXUSDT for the duration of extra than one margin sources. It potential when one prompts the multi-sources mode, they’ll utilize Bitcoin (BTC) as margin.
DODO token impress rose mercurial after the Binance announcement, spiking extra than 33% internal an hour to high its two-month high.
The DODO tokens, which offer unprecedented extra than governance performance to holders, is extra than 39% up on the seven-day log. Alternatively, it remains extra than 98% down on its all-time excessive of $8.38 reached in Would possibly per chance unbiased 2021.
Just among the utility DODO holders expertise encompass crowdpooling, receiving IDO allocations and trading price reductions.