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Assalamu Alaikum friends,
The performance of Steem Coin has been amazing for the last few days. Steem Coins are now heavily traded, leaving behind all the old history, and the trade volume is also very high. Today's blog will mainly discuss the newly added futures trade in Binance. So let's begin:-
Binance is currently one of the best exchanges. The popularity of this exchange in 2023 is so high that it can make even an ordinary token extraordinary. However, Steem is not such an ordinary coin. Steem Coin is a coin of the world's first blockchain-based social media platform Steemit.
This coin suffered a massive downfall in recent times due to extreme sell pressure. But currently, it is performing well. Its current owner may have taken some new initiative to pump up this coin. And that initiative is to turn Steem into a tradable coin. So that no one can give so much sell expansion.
That new initiative is Perpetual or Future Trade. A few days ago, Steem was linked as Perpetual by MEXC & BYBIT Exchange. As a result of this, a huge change was observed on Steam's prize.
Again, linking yesterday to Binance as Perpetual made Steem generate more hype and keep raising its prize. Hopefully this new initiative will see STEAM find new highs in the upcoming bull market.
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https://twitter.com/sagor1233_tfc/status/1722667468005785975
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It's a great news indeed, love the fact that the biggest exchange in binance just listed steemusdt on futures, that's good for steems.
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This is very happy news for us. This coin will go a long way through futures trade. I enjoyed reading your post.
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This is really great news and since it has been added to futures, hopefully its price will increase further. And as a result its position will be stronger.
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This is a great news, and I am sure this news was behind the pump of steems token
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