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Badger DAO

The Badger DAO utility token, BADGER, has skyrocketed in value thanks to cryptocurrency exchange Binance. 
Badger DAO (BADGER) is a decentralized autonomous organization (DAO) with a single purpose: to create the products and infrastructure needed to accelerate the use of Bitcoin (<a href="https://crypto.news/price/bitcoin/" data-type="link" data-id="https://crypto.news/price/bitcoin/">BTC</a>) as collateral for other blockchains. 
In 24 hours, BADGER saw an impressive 20.18% increase, rising from $2.8 to $4.61 in the price range. At its peak, the token price reached $5.53. This price increase indicates positive market sentiment following Binance’s announcement. 
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 <img decoding="async" loading="lazy" width="1578" height="820" src="https://crypto.news/app/uploads/2023/11/Screenshot-2023-11-10-at-10.58.44.png" alt="Badger DAO utility token surges amid Binance Futures&nbsp;launch - 30" class="wp-image-14214333">
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 BADGER price | Source: <a href="https://coinmarketcap.com/currencies/badger-dao/" target="_blank" rel="noopener">CoinMarketCap</a>
 </figcaption>
</figure> 
The coin’s sharp rise came after Binance <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-badger-perpetual-contract-with-up-to-50x-leverage-ed2fd215f6884f14a0a321e70f1fa5be" target="_blank" rel="noopener">announced</a> on Nov. 9 that it would launch the USDS-M BADGER Perpetual Contract. The listing, scheduled for Nov. 9th at 12:30 pm (UTC), has increased interest in BADGER. Traders are now getting to grips with this new trading product and can use maximum leverage of 50x. 
The cryptocurrency market as a whole is experiencing <a href="https://crypto.news/solana-breaks-20b-market-cap-as-etf-buzz-fuels-bitcoin-over-37k/">a new wave of rally</a> as Bitcoin rises to this year’s highs. This week, the first cryptocurrency approached the $38,000 mark, reaching $37,900. The excitement in the cryptocurrency market comes ahead of <a href="https://crypto.news/secs-window-for-bitcoin-etf-approvals-to-open-today/">the pending approval of spot Bitcoin ETFs</a> in the United States. 
 You might also like: <a href="https://crypto.news/bitcoins-whale-sized-moves-hint-at-37k-ascent/"> Bitcoin’s whale-sized moves hint at $37k ascent </a>

Badger DAO utility token surges amid Binance Futures launch

crypto.news

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