CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-06-06 10:26:59

Binance Lists SKATE Token: Price Soars 33% Before Launch

The post Binance Lists SKATE Token: Price Soars 33% Before Launch appeared first on Coinpedia Fintech News SKATE , a new altcoin powering a multi-VM blockchain infrastructure, is making headlines after Binance officially announced its listing. The token will debut on Binance Alpha and Binance Futures on June 9, 2025 —and the price is already up by over 33% in pre-market trading. Let’s break down the details behind this hot crypto launch. Binance to List SKATE on June 9 On June 9 at 10:00 UTC, SKATE will go live on Binance Alpha , the platform’s launchpad for early-stage tokens with strong growth potential. Binance Alpha often features tokens before they’re listed on the main Binance exchange. At 10:30 UTC, SKATEUSDT perpetual futures will be launched on Binance Futures, offering up to 50x leverage , allowing traders to speculate on the token’s price with high risk and reward. What Is SKATE? SKATE is the governance and utility token of the Skate multi-VM infrastructure project , which aims to unify decentralized apps (dApps) across various blockchain environments. Key highlights: Supports Ethereum VM, Solana VM , and more. Creates a “single state” across all chains for seamless dApp interoperability. Total supply: 1 billion SKATE tokens . 10% reserved for an airdrop to early supporters. Binance SKATE Airdrop Details A 24-hour airdrop event will kick off at 10:00 UTC on June 9 , where eligible users can redeem SKATE using Binance Alpha Points . Binance is expected to launch a dedicated airdrop event page on the same day. SKATE Price Surges Over 33% in Pre-Market Following Binance’s announcement, SKATE saw a sharp price surge of 33.3% , reflecting growing demand and excitement. Earlier, on June 4 at 06:00 UTC , MEXC Exchange opened pre-market trading for SKATE. The token quickly soared to a peak of $0.20 , hinting at bullish momentum even before its official launch. More Exchanges Join the SKATE Hype In addition to Binance, Bybit will also list SKATE on June 9. Bybit recently launched a campaign allowing users to stake Mantle or Tether to earn SKATE rewards, further boosting interest in the token.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.