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Aergo (AERGO) Up Over 40% Following Binance Futures Perpetual Contracts Launch

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Aergo has experienced a notable price surge of over 40%, fueled by recent announcements from leading exchanges Binance and DigiFinex Global. This uptrend culminated in an 18% increase within a single day, propelling Aergo to a new all-time high valuation.

What is Driving the Surge?

The catalyst for this price surge is Binance’s announcement that it would launch Aergo Perpetual Contracts, a prominent cryptocurrency exchange. This decision has generated considerable excitement within the cryptocurrency community, directly contributing to Aergo’s peak valuation of $0.51.

Notably, the exchange delisted the $AERGO token, and now, just a week later, they’re listing it on perpetuals after it pumped 10x in a few days.

As of this report, Aergo is trading at $0.5138, representing a substantial 23.55% increase over the preceding 24-hour period.

The token has done well recently. It went up 287% in the last week, 635% in the previous month, and 243% in the past year. This shows that Aergo has grown a lot lately.

At the same time as Binance’s news, DigiFinex Global announced it would list some new tokens, including Aergo. They also listed $SWFTC, $ORCA, $UXLINK, and $GOG.

Aergo will be on DigiFinex paired with USDT starting April 15, 2025, at 7:00 UTC. Because of the DigiFinex listing and the big news from Binance, Aergo’s price has increased, and traders and experts are enthusiastic about the project’s potential.

All of this has made Aergo’s outlook positive, but there is still some uncertainty in the market. Aergo’s trading volume in the last 24 hours has increased by 35%, reaching $791.78 million.

Because of this announcement, the token’s price is increasing, making people feel hopeful and unsure. According to CoinGecko data, Aergo’s Market Cap value has increased by 35.5% to $273.57 million.

What is Aergo?

Aergo is a new kind of blockchain made as an open-source platform for businesses. It mixes the good things about public and private blockchains. This gives a flexible place to build apps, with good security and room to grow. The primary token, AERGO, is used to set up smart contracts, for staking, and to pay for services within the system. It is also used to pay fees and run smart contracts.

The platform is designed to be flexible in its setup and offers very high speed, the ability to grow, and good performance. It supports smart contract creation using Lua, a simple programming language that is easy to learn. This makes it simple for developers to build decentralized applications (dApps) quickly.

The platform supports SQL, which allows for easy data management and recognizable smart contract coding for developers. 

Aergo Launch AIP-21 Vote Proposal

According to a CoinTab report on April 7, the platform says the voting for AIP-21 brings in the House Party Protocol (HPP), a plan to help things grow steadily. The idea is to make a single, simple system by joining important parts of Aergo, like Aergo, Alpha Quark, Boost, and W3DB(VaaSBlock).

Moreover, the project thinks combining these four plans will probably strengthen them all because they will work together, build better things, and aim for the same goals. HPP plans to deal with what’s coming in the blockchain world by creating a two-part system: one for business blockchain uses and another for online and AI jobs.

Unlike many projects that only focus on online things, Aergo wants to be different by offering real, business-level uses. To be more ready for what’s coming, they’ve added Layer 2 growth and HPP joining.

The post Aergo (AERGO) Up Over 40% Following Binance Futures Perpetual Contracts Launch appeared first on Cointab.

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