VOXEL price surged by more than 55% in the past 24 hours, reaching its highest level since mid-June.
The VOXEL token’s dramatic rise follows major announcements from Binance and other trading platforms.
The Voxies (VOXEL) token, the utility and in-game currency of the free-to-play game Voxie Tactics, saw its price climb sharply on news of Binance’s support. Binance Futures announced the launch of a VOXEL perpetual contract offering up to 50x leverage, which went live on Aug. 20.
Binance’s USD-Margined VOXEL Perpetual Contract comes with a capped funding rate of +2.00% / -2.00% and settles in USDT stablecoin.
Investors welcomed the news, pushing VOXEL’s price from below $0.14 to highs of $0.27. The token has since retraced some gains but remains around $0.22, up over 55%.
VOXEL’s price has surged more than 94% in the past week, recovering from its May lows of $0.09.
Another development aiding VOXEL’s rise was MEXC’s addition of trading support for VOXEL/USDT on Aug. 19.