Binance’s Altcoin Love-In: FLOCK and SKY Get the VIP Treatment 🐦💸

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TL;DR

  • FLOCK and SKY had a 24-hour popularity contest, thanks to Binance’s sudden affection.
  • FLOCK’s rise? Probably because Coinbase and Upbit decided to play matchmaker. SKY just… stood there awkwardly.

Green Candles After the Updates

Let’s talk about the world’s largest crypto exchange, Binance, which recently decided to spice up its futures program. How do you “enhance user experience”? By launching FLOCK/USDT and SKY/USDT perpetual contracts with 75x leverage, of course. Because who *doesn’t* want to gamble with their grandma’s dentures? Perpetual contracts-no expiry, no mercy. Either you’re rich, or you’re broke and living in a van down by the river. And now, you can use BTC as margin. Because nothing says “financial stability” like trading with Bitcoin as your emotional support animal.

Needless to say, the prices of these tokens decided to moonwalk. FLOCK soared to $0.66 (a new all-time high, because why not?), only to retreat to $0.41. Still, a 55% daily gain? That’s like getting a 50% discount on a $20 sandwich. Win-win, I guess.

SKY, meanwhile, settled for a 7% increase, trading at $0.07. It’s now in the top 100 cryptocurrencies, which is impressive if you ignore the fact that it’s basically crypto’s version of a participation trophy. Market cap? $1.7 billion. Who needs a billion dollars when you can just count zeros all day?

The Perfect Setup for FLOCK

Binance isn’t the only one fawning over FLOCK. Coinbase added it to the Base network, saying trading would start “if liquidity conditions are met.” Translation: “We’ll do it when we feel like it.” Upbit, South Korea’s crypto giant, listed FLOCK/KRW but warned about “large transactions from unclear sources.” Because nothing says “trust” like demanding proof of funds like it’s a suspiciously large suitcase of cash at airport security.

So, Binance, Coinbase, and Upbit all throw their weight behind FLOCK. Suddenly, it’s the crypto equivalent of a reality TV star-everyone wants to be seen with it. SKY? Still waiting for its moment. Maybe next week it’ll get a shoutout in a tweet. Stranger things have happened.

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2025-09-10 08:40