ALPINE Token Soars 24.55% After Binance Margin Trading Launch, Surpasses $14.3M Volume

ALPINEUSDT, the fan token for the Alpine F1 Team, experienced a significant price increase of 24.55% over the last 24 hours, rising from 0.672 to 0.837 USDT on Binance. This surge in price and trading volume is primarily attributed to its recent inclusion in Binance's margin trading program, which has heightened market activity and interest from traders. Additional factors contributing to the price movement include increased engagement around the Formula 1 Alpine F1 Team and broader market attention following a recent market update highlighting the token.

Currently, ALPINEUSDT trades at 0.837 USDT on Binance, with a 24-hour trading volume exceeding $14.3 million on the ALPINE/USDT pair, and a circulating supply of approximately 11 to 16.7 million tokens out of a maximum 40 million. The token has outperformed the broader cryptocurrency market in the past week, despite longer-term declines over the past month and year.