Binance, the world's leading crypto exchange, has unveiled plans to integrate AI agent tokens into their trading repertoire, slated for listing on January 7. The move includes introducing perpetual contracts for three tokens, namely COOKIE, Alchemist, and Swarms, with leverage options reaching up to 75x.
The renowned exchange launched COOKIE futures, followed closely by ALCH and the SWARMS token. Investors can expect a maximum funding rate of ±2.00% within these contracts. Prior to this, these tokens had already made their debut on Binance Alpha Market—a feature in Binance Wallet aimed at spotlighting emerging crypto projects with listing potential.
Post-announcement, the AI agent tokens experienced an immediate drawdown, a reflection of market stability dynamics post-futures listing. COOKIE and ALCH exhibited a recovery, though SWARMS remained in decline, underscoring typical short-term market corrections as traders position to short these tokens.
Recent data from LMK.fun suggests significant token selling among SWARMS stakeholders, precipitating a $2 million sell-off after Binance’s announcement. "Top SWARMS holders instant dump $2 million after Binance list perp. Binance listing is now officially bearish. Time has changed," reported on X.
Echoing historical patterns, analysts drew parallels with Fartcoin and other tokens like Griffain and Trisig, which initially dipped but later surged following their respective listings. "Study that Fartcoin dip when Binance listed it on futures. See what happened next? Then repeat that for Griffain, followed by Trisig, followed by Jail, followed by Neur," noted Kale Abe.
Furthermore, Binance Alpha's listings have showcased mixed outcomes. Half of the tokens from this early-stage platform are valued lower post-listing compared to their initial launch values, indicating that performance discrepancies persist relative to listings on Binance’s main platform.