Token

Momentum

UXLINK

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/binance-listing-boosts-uxlink-token-100" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance Listing Boosts UXLINK Token 100%</a><br></p>
<p style="text-align: justify">On Monday, despite a general downturn in the cryptocurrency market, UXLINK, the native <a href="https://en.bitcoinhaber.net/smart-money-targets-solana-memecoins-profits-surge-for-investors" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> of a <a href="https://en.bitcoinhaber.net/hong-kong-positions-itself-as-a-web3-technology-pioneer" data-wpel-link="internal" rel="noopener noreferrer nofollow">Web3</a> social media platform, defied the trend by surging over 100% in the past week. This significant gain underscores the token’s strong performance amid market declines.</p>
<h2 id="what-triggered-uxlink-s-dramatic-rise">What Triggered UXLINK’s Dramatic Rise?</h2>
<p style="text-align: justify">The catalyst for UXLINK’s impressive ascent was <a href="https://en.bitcoinhaber.net/crypto-market-optimism-persists-amid-fluctuating-indicators" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>‘s announcement of its listing on the futures platform, introducing a USD-margined perpetual contract for UXLINKUSDT with leverage up to 75 times.</p>
<h2 id="how-have-traders-responded-to-the-listing">How Have Traders Responded to the Listing?</h2>
<p style="text-align: justify">Traders responded enthusiastically, as evidenced by a 46% increase in UXLINK’s 24-hour trading volume, which reached $488 million. Open interest in UXLINK futures contracts also climbed to $47 million.</p>
<p style="text-align: justify">Additionally, derivative trading volume for UXLINK surged to $895 million, indicating heightened interest in both spot and futures markets. Since its launch in July, the token’s market capitalization has grown to $66.3 million, reflecting a 160% increase over the last month.</p>
<h2 id="key-insights-from-uxlink-s-momentum">Key Insights from UXLINK’s Momentum</h2>
<ul>
 <li>Binance’s futures listing significantly boosted UXLINK’s price and trading activity.</li>
 <li>Increased trading volumes and open positions highlight strong market engagement.</li>
 <li>UXLINK’s partnership with Binance’s Web3 Wallet and reward campaigns enhanced platform visibility.</li>
 <li>The platform now hosts approximately 27 million users worldwide, making it the largest Web3 social platform.</li>
 <li>Successful funding rounds, including $9 million from investors like OKX Ventures, have supported its rapid growth.</li>
</ul>
<p style="text-align: justify">As the Web3 ecosystem continues to expand, UXLINK’s strategic collaborations with major exchanges like Binance position it for further success in the cryptocurrency sector.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/binance-listing-boosts-uxlink-token-100" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance Listing Boosts UXLINK Token 100%</a></h5>

Binance Listing Boosts UXLINK Token 100%

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