Aavegotchi GHST Token Rises 37 After Binance Announcement

The token for the blockchain game and DeFi protocol Aavegotchi (GHST) saw an impressive surge of around 37% on Monday, sparked by an announcement from Binance. The prominent cryptocurrency exchange disclosed its intention to introduce futures contracts for the token, prompting a reaction akin to that experienced by several altcoins. The introduction of futures contracts usually signifies heightened liquidity, increased demand, and, as a result, greater volatility.