On Friday, VIDT experienced a remarkable surge of almost 59% following a pivotal announcement from Binance, a prominent player in the crypto exchange industry. The news of Binance introducing a USDT-backed perpetual contract for the DAO-based token sent shockwaves across the market, instilling a sense of optimism among investors and traders alike.
This development not only underscores the growing popularity and utility of VIDT but also highlights the confidence that leading exchanges like Binance have in the token’s potential. By offering a perpetual contract linked to USDT, Binance is providing traders with more ways to engage with VIDT and capitalize on its market performance.
Overall, this news signifies a significant milestone for VIDT and the broader crypto space, showcasing the increasing integration of decentralized technologies and innovative financial instruments in the industry. Investors should closely monitor the impact of this announcement on VIDT’s price movements and market sentiment, as it could signal further growth opportunities in the evolving landscape of crypto and NFTs.