Gas (GAS) Explodes Over 711% in Two Weeks
An altcoin, Gas (GAS), the utility token for the smart contract platform NEO (NEO), has seen a massive surge of more than 711% in the past two weeks due to new perpetual contract listings and a favorable crypto market environment. Trading at $23.14 at the time of writing, GAS has experienced significant growth from $2.85 two weeks ago.
Gas Perpetual Contract Listings
In late October, BitMEX listed a new GAS perpetual contract that is margined in top stablecoin USDT and offers up to 10x leverage. Additionally, on Wednesday, the decentralized exchange (DEX) Demex also rolled out a new GAS perpetual contract with up to 10x leverage.
Unique NEO Blockchain
The NEO blockchain stands out as it utilizes two native assets: GAS and NEO. While NEO has also surged, it hasn’t experienced the same level of gains as GAS. The overall crypto market cap is up around 12% in the same period.
Hot Take: Is Gas (GAS) Set for Continued Growth?
With a surge of over 700% in just two weeks, Gas (GAS) is making waves in the crypto market due to new perpetual contract listings and an overall positive market environment. As Gas (GAS) continues to rise, it’s worth keeping an eye on this altcoin for potential future growth opportunities.
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