The meme cryptocurrency Koma Inu (KOMA) exploded over 150% in price on December 10 after its listing on Binance Futures was announced. In just a few months, KOMA, as it is known, has already earned a prominent place on the Binance Smart Chain, exceeding expectations and catching the attention of investors around the world.
But what explains this explosive growth? One of the main reasons is the recent listing of KOMA on Binance Futures, with perpetual contracts offering up to 75x leverage. This news was like a rocket boosting the price of the token, which shot up more than 150% in a few hours and reached its all-time high today at $0,1461.
“To expand the list of trading options offered on Binance Futures and improve users’ trading experience, Binance Futures will launch the following perpetual contracts with up to 75x leverage,” wrote the exchange, highlighting that the launch of the KOMAUSDT Perpetual Contract takes place on December 10th at 12:15 (UTC).
At the time of publication, KOMA is trading at $0,1328, up 117.4% in the last 24 hours. During this period, Koma Inu (KOMA) has traded at $26.264.970, representing a 382,40% increase from a day ago and signaling a recent surge in market activity.
Currently, the market capitalization of the KOMA memecoin is $137.5 million, which puts the cryptocurrency in 483rd place in the overall crypto asset ranking.
But Koma Inu is more than just another memecoin. The community behind the project has bigger ambitions, seeking to revive the spirit of early meme coins that made waves on Binance Smart Chain, such as Shiba Inu. The KOMA team calls itself “Shib’s children” and promises to bring back the energy and passion that made dog tokens so popular.