Ethereum

Illuvium

Coin

<ul class="news-points"> 
 <li>The exchange opened up ILV futures trading for leverage traders.</li> 
 <li>Open Interest in ILV skyrocketed, indicating how traders are trying to make profits from the price movement.</li> 
 <li>ILV may reach $100 in a short while unless selling pressure takes over.</li> 
</ul> 
As altcoin prices continue to rise, there are a few cryptocurrencies that have been at the forefront of the surge in value. One of them is <a href="https://coinedition.com/illuvium-ilv-price-prediction/">Illuvium (ILV)</a>. In the last 30 days, the value of ILV has increased by 126%, according to CoinMarketCap data. 
For context, ILV is the native token of the Illuvium ecosystem which is a fantasy battle game operating on the <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/">Ethereum (ETH) blockchain</a>. Although not necessarily a new token, ILV is listed on Binance. However, the exchange only offered spout buying for the cryptocurrency. 
According to the on-chain analytic handle on X, Lookonchain, Binance has now listed ILV on the futures market. This decision means traders can now long or short the token depending on the sentiment each trader has. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Binance has launched USDⓈ-M <a href="https://twitter.com/search?q=%24ILV&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ILV</a> Perpetual Contract, just as we predicted in a tweet on Nov 9. An investor we shared before deposited 10,000 <a href="https://twitter.com/search?q=%24ILV&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ILV</a>($916K) into <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> after <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> announced…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/binance-lists-illuvium-ilv-perps-after-tremendous-surge/">Binance Lists Illuvium (ILV) Perps After Tremendous Surge</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Binance Lists Illuvium (ILV) Perps After Tremendous Surge

Coin Edition

Other articles published on Nov 11, 2023

Assessing prospects: Monero, OKB, and RebelSatoshi as long-term crypto investments

Dtcpay is Starting Crypto Payment System with Chinese Firms

XRP on the Rise, Can It Crack $1 By Christmas? Whale Interest In New Altcoin Borroe Finance Could...

Dogecoin Has Only One Direction From Here as Price Confirms Crucial Breakout

Ripple CEO Predicts Next Phase for Crypto Post SEC Win

HD Stock Price: Mortgage Crisis Provoke the Bears In The Market

Join our free newsletter for daily crypto updates!