The digital asset of the blockchain-powered game and decentralized finance (DeFi) platform Aavegotchi (GHST) witnessed a notable surge of around 37% on Monday after receiving backing from the renowned cryptocurrency exchange Binance. The prominent exchange disclosed its intention to introduce futures contracts for the token, triggering a reaction akin to what has been observed in the case of several alternative cryptocurrencies. The inclusion of futures contracts in the market usually signifies heightened liquidity, demand, and subsequently, volatility.
