Binance Adds New Altcoins: ZKP, GUA, and IR Now Available for Futures Trading

Binance, the world’s largest crypto exchange by trading volume, has just introduced futures trading for three new altcoins: zkPass (ZKP), SUPERFORTUNE (GUA), and Infrared (IR). These coins now offer traders leverage options—up to 40x for ZKP and IR, and up to 20x for GUA—giving investors a chance to amplify their gains (or losses) with higher risk trades. The new listings highlight growing interest in emerging cryptocurrencies.

zkPass (ZKP): Riding the Zero-Knowledge Wave

ZKP is built on zero-knowledge proof technology, which lets users verify information without revealing the data itself. This is a big deal for privacy-focused applications and is expected to become even more important as Ethereum plans to scale with such solutions by 2025.

ZKP recently made headlines after being listed on Coinbase and now Binance, signaling strong market interest. Since its Binance debut, ZKP shot up 57% in just four hours. The coin is currently holding steady around $0.08927. If it can push past $0.11576, it might reach new all-time highs. This could be a good entry point for investors looking for a promising privacy-based crypto asset.

SUPERFORTUNE (GUA): High Volatility, Big Gains

GUA has seen a massive price jump—up 118% since it became available for futures trading on Binance. Despite some pullback, it’s still holding above the key $0.2 support level. Staying above this line is crucial for the coin to try reaching new highs again. GUA’s sharp moves make it attractive to short-term traders looking for momentum plays.

Infrared (IR): Struggling to Maintain Momentum

Infrared (IR) had an initial 29% price boost following its Binance listing but has since pulled back to around $0.2461. It’s currently facing heavy selling pressure, and if it drops below $0.22558, it could fall further toward the $0.1594 support level. IR is at a critical point where the market will decide whether it rebounds or continues to slide.

Bitcoin Steady Above $88K Amid Quiet Market

Meanwhile, Bitcoin is holding above $88,000, continuing its upward trend despite a lack of major news due to the holiday season. Inflation data looks optimistic, but many traders remain cautious because of uncertainty surrounding potential government shutdowns.

Key Takeaways:

– Binance adds futures trading for zkPass (ZKP), SUPERFORTUNE (GUA), and Infrared (IR)
– ZKP and IR offer up to 40x leverage; GUA offers up to 20x
– ZKP surges 57%, GUA jumps 118%, IR rises 29% before pullback
– Market sentiment remains mixed amid Bitcoin’s sideways movement

Disclaimer: Crypto markets are highly volatile. Always do your own research before investing.