Binance, the world’s leading cryptocurrency exchange, remains active in unveiling new altcoin offerings.
The last addition is Ponke (PONKE), a meme piece based on the Solana blockchain, featuring a character described as a “degenerate gamer with anger issues.”
In an exciting update, Binance announced the upcoming launch of futures trading for PONKE, allowing for impressive leverage of up to 75x.
The exchange stated: “To diversify our trading options on Binance Futures and improve the user experience, we will introduce PONKE/USDT Perpetual contract with leverage up to 75x, effective as of 11/04/2024 at 12:30 p.m. (UTC).
Memecoins are extremely volatile, especially small-cap ones, and investing in them presents significant risks. By trading these coins with leverage, you can lose everything you have in no time.
This article does not constitute investment advice and should not be relied upon as such. As we mentioned, memecoins are a lucrative but very risky business, so everyone should do their own research before acting.
