ALPINE Token Surges 66% After Perpetual Futures Launch on Major Exchanges, Trading Volume Soars

ALPINEUSDT, the fan token for the Alpine F1 Team, experienced a significant price increase of 66.01% over the past 24 hours, rising from 0.659 to 1.094 USDT. This sharp price movement is primarily attributed to the recent launch of perpetual futures trading for ALPINEUSDT on major cryptocurrency exchanges such as Bitget and BingX, announced on May 6, 2025. The introduction of futures trading has likely driven heightened trading activity and speculation, contributing to increased demand and volatility.

Currently, ALPINEUSDT is trading at 1.094 USDT with a 24-hour trading volume reported between $1.27 million and $1.76 million, and a market capitalization estimated between $7.88 million and $12.16 million, based on a circulating supply of approximately 16.7 million tokens. The token reached a 24-hour high of $0.74 and a low of $0.65 on various platforms, although Binance data reflects a higher current price, indicating strong upward momentum and increased market engagement following the futures listing.