SANTOS crypto soars to a 7-month high following its Binance listing, with investor interest surging and potential risks on the horizon.
the SANTOSUSDT Perpetual Contract on Binance Futures, offering up to 75x leverage. It went live, providing token holders a new avenue for trading.
This uptick contributed to the token’s market cap climbing to $29.05 million, an approximate 60% increase.revealed that the Relative Strength Index reached 77.72, placing it firmly in overbought territory. At press time, the indicator rested below the zero line at -0.31, signaling that selling pressure was outweighing buying interest.
Moreover, the latter level is crucial for maintaining the token’s bullish momentum. If it fails, SANTOS may face further downside pressure, with the price potentially moving toward the $2.5 mark.While the announcement made SANTOS the top gainer among fan cryptos over the past 24 hours, the gains weren’t isolated.Other fan tokens, including Alpine F1 Team Fan Token , Spain National Fan Token , S.S. Lazio Fan Token , and FC Porto Fan Token , also saw impressive double-digit increases.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MOODENG surges over 100% after Binance listing: Will the rally hold?The news of the listing caused MOODENG to surge over 100%, pushing the coin out of a falling wedge resistance zone and into new highs.
Read more »
Tracking Hurricane Milton: Millions told to evacuate from 'worst storm in 100 years to hit Florida’U.S. forecasters are warning of destructive waves, devastating winds and flash floods through the week as Hurricane Milton makes its way from the Yucatan Peninsula toward Florida.
Read more »
The *Ultimate* Amazon Wishlist: 100 Items Everyone Is Secretly CovetingGet ready for a whirlwind tour of the hottest, most sought-after products that have captured the imagination of online shoppers everywhere.
Read more »
Alleged Vancouver City Hall arsonist released on bailEmergency responders discovered 100 litres of gas inside the extinguished vehicle.
Read more »
Chow commits to opening Toronto’s 100 libraries 7 days a week, year-roundToronto’s 100 public library branches will be open to the public seven days a week, year-round by July 2026, the city’s mayor announced on Sunday.
Read more »
British Prime Minister Keir Starmer marks 100 days in office amid plummeting approval ratingAfter weeks of stories about feuding, freebies and fiscal gloom, polls suggest Starmer’s personal approval rating is down
Read more »