{"id":22755,"date":"2023-08-07T15:50:57","date_gmt":"2023-08-07T15:50:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dodo-price-spikes-33-after-binance-makes-major-announcement\/"},"modified":"2023-08-07T15:50:57","modified_gmt":"2023-08-07T15:50:57","slug":"dodo-price-spikes-33-after-binance-makes-major-announcement","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dodo-price-spikes-33-after-binance-makes-major-announcement\/","title":{"rendered":"DODO price spikes 33% after Binance makes major announcement"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1691419178491-03e128a0-aa25-41d2-84b6-8db29c5d3b6c-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1691419178491-03e128a0-aa25-41d2-84b6-8db29c5d3b6c-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1691419178491-03e128a0-aa25-41d2-84b6-8db29c5d3b6c-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1691419178491-03e128a0-aa25-41d2-84b6-8db29c5d3b6c-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">DODO price jumped 33% after Binance announced the DODO perpetual contract.<\/li>\n<li dir=\"ltr\">Users will access the product with up to 20x starting August 8 at 08:00 (UTC).<\/li>\n<\/ul>\n<p dir=\"ltr\">DODO, the governance token of the decentralized exchange (DEX) platform of the same name, spiked by more than 33% on Monday morning. Within hours of an announcement from leading crypto exchange <a href=\"https:\/\/coinjournal.net\/exchanges\/binance\/\">Binance<\/a>, the price of DODO rose to $0.13, quickly jumping to a two-month high.<\/p>\n<p dir=\"ltr\">The last time DODO traded at that level was in early June this year. Before today\u2019s upside, the token had traded in a range between $0.09 and $0.10.<\/p>\n<h2 dir=\"ltr\">Trade DODO with up to 20x leverage<\/h2>\n<p dir=\"ltr\">Binance earlier today <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-futures-will-launch-usd%E2%93%A2-m-dodo-perpetual-contract-with-up-to-20x-leverage-a5d54915771e4ec58aa835cebc7e314f\" rel=\"noopener noreferrer\" target=\"_blank\">announced<\/a> a DODO perpetual contract with up to 20x leverage, notifying customers that the product will go live on August 8, 2023 at 08:00 (UTC). The DODO perpetual contract will trade under the ticker symbol DODOXUSDT.<\/p>\n<p dir=\"ltr\">According to Binance, the product supports multi-assets mode, which means customers can trade DODOXUSDT across multiple margin assets. It means when one activates the multi-assets mode, they can use Bitcoin (BTC) as margin.<\/p>\n<p dir=\"ltr\">DODO token price rose quickly after the Binance announcement, spiking more than 33% within an hour to top its two-month peak.<\/p>\n<p dir=\"ltr\">The DODO tokens, which offer much more than governance functionality to holders, is more than 39% up on the seven-day log. However, it remains more than 98% down on its all-time high of $8.38 reached in May 2021.<\/p>\n<p dir=\"ltr\">Some of the utility DODO holders enjoy include crowdpooling, receiving IDO allocations and trading fee discounts.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/dodo-price-jumps-after-binance-makes-major-announcement\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) DODO price jumped 33% after Binance announced the DODO perpetual contract. Users will access the product with up to 20x starting August 8 at 08:00 (UTC). DODO, the governance token of the decentralized exchange (DEX) platform of the same name, spiked by more [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22755"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22755"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22756"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}