Secret

SLERF

when

Rise

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Binance Futures will launch the two Perpetual Contracts at 11:30 (UTC).</li> 
 <li>The coins recorded significant price surges following the announcement.</li> 
</ul> 
Binance announced futures contract listings for Slerf (SLERF) and Secret (SCRT) later today. 
The exchange will launch SLERFUSDT and SCRTUSDT Perpetual Contracts at 11:30 (UTC), with up to 75x leverage. 
Binance has been intensively launching new futures to expand the trading choices for users and to enhance their overall experience on the platform. 
Following the exchange’s <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-slerfusdt-and-scrtusdt-perpetual-contract-with-up-to-75x-leverage-c214b24b9f004196aa12fb1e6736572b?hl=en" rel="nofollow noopener" target="_blank">announcement</a>, the two coins recorded significant price surges. 
<h2 id="slerf-and-scrt-prices-rise">SLERF and SCRT Prices Rise</h2> 
<a href="https://crypto.ro/en/cryptocurrencies/slerf/">SLERF</a> saw a price spike from levels of $0.29 close to $0.4 following Binance’s listing announcement. 
At the moment of writing this article, SLERF’s price is up by 35% in the past 24 hours, and its market cap is getting closer to $200 million. 
<figure id="attachment_53612" aria-describedby="caption-attachment-53612" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-53612 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap.jpeg" alt="SLERF price in USD today" width="1200" height="800" title="Binance Launches Futures Trading for SLERF and SCRT 15" srcset="https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/11/SLERF_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-53612" class="wp-caption-text">
 SLERF price in USD today
 </figcaption>
</figure> 
After hitting a 7-day peak above $0.46, SLERF recorded a descendant trajectory until today when the exchange made the listing announcement. SLERF is a memecoin and its image is a cute sloth. 
<a href="https://crypto.ro/en/cryptocurrencies/secret/">Secret (SCRT)</a> also recorded a significant price rise earlier today, but not as impressive as the one seen by SLERF. At the moment of writing this article, SCRT is trading above $0.33, up by 4% in the past 24 hours. 
The coin surged by $0.3 levels to current prices after Binance announced the futures listing for SCRT later today. 
<figure id="attachment_53613" aria-describedby="caption-attachment-53613" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-53613 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap.jpeg" alt="SCRT price in USD today" width="1200" height="800" title="Binance Launches Futures Trading for SLERF and SCRT 16" srcset="https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/11/SCRT_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-53613" class="wp-caption-text">
 SCRT price in USD today
 </figcaption>
</figure> 
Now, the coin has a market cap of over $98 million, after surging from $88 million earlier. 
On November 17, the coin’s price spiked from $0.23 levels, reaching a peak at $0.52, before seeing a downward trajectory that reversed today. 
On November 18, the team at Secret Network shared a post via X, <a href="https://x.com/crypto_crew/status/1858537476085711351" rel="nofollow" target="_blank">highlighting</a> the surge in IBC activity. The network saw almost 9,000 transactions and over $2.2 million in volume. 
Secret (SCRT) is a privacy-oriented blockchain built on Cosmos. Its smart contracts are called Secret Contracts and they allow dApps to use private data on Secret, similar to how smart contracts operate on other blockchains. 
Secret Contracts transfer encrypted inputs into encrypted outputs without exposing data.

Binance Launches Futures Trading for SLERF and SCRT

Table of Contents

crypto.ro global

Other articles published on Nov 21, 2024

BONK’s 9-Month Consolidation Breakout: Will The Momentum Hold Post ATH?

Cardano (ADA) Price Soars as Whale Activity Surges

ODOG Poised for 2025 Surge: The Rising Potential of Bitcoin Memecoins

Ethereum Dips Against Bitcoin: Who’s Capitalizing on This Market Shift?

Chinese Court Confirms Crypto Holdings Are Legal For People Not Companies

What is the real potential of The Open Network (TON)?

Join our free newsletter for daily crypto updates!