T Token Surges 15.55% as Binance Announces T/USDT Perpetual Futures Launch With 5× Leverage

TUSDT experienced a 15.55% price increase in the last 24 hours, rising from 0.01550 to 0.01791. This notable price movement appears to be primarily driven by the announcement that Binance will launch T/USDT perpetual futures with up to 5× leverage, a ±2% funding cap, and funding paid every 4 hours, starting June 19, 2025. The introduction of futures trading often increases market activity and interest, which can contribute to short-term price gains. No additional news or developments related to the underlying asset "T" were reported in major crypto news outlets, suggesting the price change is mainly attributable to the new product listing. Overall, the broader crypto market remains bullish with a global market cap of approximately $3.28 trillion, a “greedy” investor sentiment, and continued strength in major assets, which may also provide supportive context for TUSDT’s recent performance.