Why Is DIA Price Pumping? Major Exchange Confirmed

DIA Price Surges: Binance Listing Fuels Market Interest

DIA's price has witnessed a significant surge today, escalating by over 20% within the past 24 hours. This price action has attracted investor attention, particularly amidst the current downturn in various crypto markets.

Upon investigation, news emerged of Binance's listing of the DIA token in its futures market.

Binance Listing Details

Binance has introduced the DIAUSDT Perpetual Contract to expand its trading options and enhance user experience. The contract went live today at 12:30 PM (UTC) with a leverage of up to 75x.

Key Specifications of DIAUSDT Perpetual Contract:

• Maximum Funding Rate: Initially set at +2.00% / -2.00%
• Funding Fee Settlement Frequency: Every four hours
• Adjustable Specifications: Binance may adjust contract specifications based on market conditions
• Multi-Assets Mode: Enables trading with various margin assets, including BTC

Confirmation from Crypto Analyst

Crypto analyst Wise Summit, with a following of over 260,000, corroborated the Binance listing, amplifying the enthusiasm surrounding DIA.

"Binance Futures will launch $DIA/USDT Perpetual Contract today at 6:00 pm IST ," tweeted Wise Summit. "DIA pumped 30%+ after the announcement."

Impact of Binance Listing

Binance's listing of DIA will introduce the token to a wider audience of traders and provide greater liquidity. This increased exposure is expected to further drive the token's price growth.