"Binance is Adding the Meme Coin Giggle Fund to Futures Trading"

The world's leading cryptocurrency exchange Binance has announced the addition of a new altcoin to its futures trading platform. The Tether (USDT) margined perpetual futures contract for Giggle Fund (GIGGLE), offering a maximum leverage of 50x, was opened for trading on Thursday, October 9, at 12:45 PM Turkey time.

The project is built on the BNB Chain and showcases a focus on aid and education. Binance stated that the funding rate for the GIGGLEUSDT contract will initially be set at 0.005%, which will then fluctuate between -2.00% and +2.00%. Funding fees will be calculated every 4 hours and these rates may be updated according to market conditions.

Additionally, thanks to the Multi-Assets Mode feature supported by this futures contract, users will be able to trade using different collateral assets such as Bitcoin (BTC). Notably focused on social benefit and community-oriented, Giggle Fund (GIGGLE) was recently listed on the Binance Alpha Market for spot trading.

However, another noteworthy aspect for investors is the recent developments in the price of Giggle Fund (GIGGLE). In the past 24 hours, it has seen a decline of 21.5%, bringing its price down to approximately $103.89. This situation has captured the attention of investors, and there is keen anticipation regarding how Binance's new futures will impact the market.

Investors are advised to closely monitor developments related to Giggle Fund (GIGGLE) and market conditions. Particularly, changes in the futures contracts may have significant effects on price movements.