Binance Futures Lists OGUSDT, Solana Meme Coins Rally, TST Token Surges, ACT Gains Momentum
OGUSDT +23.82%
Binance Futures announced the upcoming launch of the $OGUSDT perpetual contract with up to 50x leverage, set to go live on May 12, 2025, at 09:00 UTC. This listing is expected to attract significant trading volume given Binance’s dominant position in derivatives markets.
#OGUSDT is tied to the OG token, which has gained attention as Binance expands its futures offerings. The introduction of high-leverage perpetual contracts typically boosts liquidity and trader interest, often leading to price appreciation in the underlying asset.
Given the leverage and Binance’s backing, OGUSDT is likely to experience a price surge initially; however, volatility could increase as traders test the new contract. Short-term gains seem probable, but caution is advised as profit-taking may follow after initial spikes.
Solana Meme Coins (PONKE, BOME, FWOG) +23.82%
Several meme coins within the Solana ecosystem, including PONKE, BOME, and FWOG, have shown strong bullish momentum with massive gains over the past 24 hours. This surge reflects growing investor interest in Solana-based tokens beyond mainstream projects.
#Solana meme coins have historically been volatile but can generate rapid price movements driven by community hype and speculative trading. The recent rally suggests renewed confidence in Solana’s ecosystem and its capacity to support diverse token projects.
If this bullish sentiment continues and broader market conditions remain favorable, these tokens could sustain upward momentum. However, meme coins are prone to swift corrections, so traders should monitor volume trends closely for signs of exhaustion.
TST (T$he Test) +14.03%
The TST token, created by Binance for educational purposes, surged 14% within 24 hours despite a drop in trading volume. It reached an intraday high of $0.2028 before retracting slightly to $0.1929. Previously, TST was involved in a controversy exposing flaws in Binance’s token listing process.
#TST serves as a test token used internally by Binance but has gained unexpected market attention due to its unique status and recent price action. The token’s volatility reflects speculative trading rather than fundamental value.
Given its nature as a test token and history of sharp price swings, TST’s price is unlikely to sustain long-term growth. Short-term volatility will probably continue with potential retracements following spikes.
ACT (Acet$ACT) +10.14%
ACT recently surged to retest its previous resistance level around $0.06 after a prolonged sideways phase. Following this rally, profit-taking caused a slight pullback with the current price stabilizing near $0.052-$0.055.
#ACT has shown renewed bullish momentum supported by technical setups targeting profit zones at $0.065, $0.075, and $0.085 while maintaining a stop-loss around $0.050. This suggests growing trader confidence and potential for further gains if support holds.
If ACT can maintain above its stop-loss level and break through resistance decisively, it may continue its upward trajectory. Conversely, failure to hold support could trigger deeper corrections.
