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VOXEL skyrockets 55% after major Binance announcement
Daily Cryptex - Crypto News, Articles and Insights > Exchange News > Binance News > VOXEL Soars 55% Following Major Binance Partnership Announcement
Binance NewsCrypto NewsExchange News

VOXEL Soars 55% Following Major Binance Partnership Announcement

Burhaan Al Amin
Last updated: August 20, 2024 7:48 pm
Burhaan Al Amin Published August 20, 2024
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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.

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