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<div class="cryptonews"><p class="is-style-lead">The Badger DAO <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/utility.html">utility</a><a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/token.html">token</a>, BADGER, has skyrocketed in value thanks to cryptocurrency exchange Binance.</p><p>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 (BTC) as collateral for other blockchains.</p><p>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 <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/token.html">token</a> price reached $5.53. This price increase indicates positive market sentiment following Binance’s announcement.</p><figure class="wp-block-image size-full"><img width="1578" height="820" src="https://cdn.thebittimes.com/images/2023/11/10/69db3c03eff2f4cc103218312b8dc803.webp" alt="Badger DAO utility token surges amid Binance Futures&nbsp;launch - 1"><figcaption class="wp-element-caption"> BADGER price | Source: CoinMarketCap </figcaption></figure><p>The coin’s sharp rise came after Binance announced on Nov. 9 that it would <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/launch.html">launch</a> 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.</p><p>The cryptocurrency market as a whole is experiencing a new wave of rally 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 the pending approval of spot Bitcoin ETFs in the United States.</p><div class="cn-block-related-link"><span class="cn-block-related-link__prefix"> You might also like: </span> Bitcoin’s whale-sized moves hint at $37k ascent </div><span class="google-news-banner__label">Follow Us on Google News</span></div><p>Source: <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/badger-dao-utility-token-surges-amid-binance-futures-launch-tbt69798.html">https://thebittimes.com/badger-dao-utility-token-surges-amid-binance-futures-launch-tbt69798.html</a></p>

Badger DAO utility token surges amid Binance Futures launch

TheBitTimes

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