BREAKING

Gmx Launches SHIB Perpetual Futures Market on Arbitrum

SOL

SOL/USDT

$64.17
-4.72%
24h Volume

$2,500,786,037.69

24h H/L

$67.47 / $63.54

Change: $3.93 (6.19%)

Long/Short
78.3%
Long: 78.3%Short: 21.7%
Funding Rate

-0.0031%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$63.92

-1.62%

Volume (24h): -

Resistance Levels
Resistance 3$74.769
Resistance 2$68.3219
Resistance 1$64.4403
Price$63.92
Support 1$63.5444
Support 2$60.0965
Support 3$49.7178
Pivot (PP):$64.3867
Trend:Downtrend
RSI (14):25.7

**Title: GMX Introduces SHIB Perpetual Futures Market on Arbitrum**

In a noteworthy development for the crypto community, GMX has launched the SHIB perpetual futures market on the Arbitrum network. This strategic move enables traders to engage in perpetual futures trading with SHIB, capitalizing on the growing interest around the Shiba Inu token.

The integration of SHIB with Arbitrum’s scaling solution is expected to enhance trading efficiency and reduce transaction costs. This new market offering aligns with GMX’s commitment to providing innovative trading opportunities to its users.

With $ARB, $SHIB, and $GMX tokens being pivotal in this new trading avenue, the launch has already generated significant attention and could potentially influence trading dynamics within the crypto ecosystem.

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