As Wu Blockchain reported, the leading crypto exchange Binance launched U-based BIGTIME perpetual contracts on October 12, 2023 at 22:30 UTC+8, with leverage up to 20x. It is worth to note that Binance only launched futures trading, and didn’t launch spot trading of BIGTIME, similar to its previous treatment of Blur Token.
The $BIGTIME Token is the main cryptocurrency that drives Big Time’s economy. For those who don’t know, Big Time is a MMORPG built on the Ethererum blockchain. The game seamlessly merges a high-energy combat system with an expansive in-game economy, in which players use their warriors to fight and then gain items in the form of NFTs or valuable rewards.
The project raised $21.3 million in two funding rounds led by many large investment funds like FBG Capital, North Island Ventures, Digital Currency Group, OKEx Blockdream Ventures, Alameda Research, Circle Financial, etc.
Although BIGTIME was only officially launched on October 11, 2023, it has been listed for spot trading on most major CEX exchanges, including: Coinbase, OKX, MEXC, KuCoin, Bitget. BIGTIME price has skyrocketed more than 400% in just two days, October 11-12, 2023, despite the decline of the crypto market. At the time of writing, BIGTIME is trading at $0.18, approximately 5 times higher than the price at the time of listing.