Comedian (BAN) Token Listed on Binance Futures: Will It Pump Like PNUT?

• Binance launches the BAN/USDT perpetual contract, offering up to 75x leverage for traders.
• The move follows PNUT’s explosive 2,287% surge after its spot listing on Binance.
• Traders speculate whether BAN can replicate PNUT’s success amid the futures market debut.

The price of the Comedian (BAN) token, a fresh, trendy meme coin on the Solana network, could see significant growth following a major listing announcement from Binance, similar to the rise of PNUT.

Binance announced it is expanding its futures market with USDⓈ-Margined BAN/USDT Perpetual Contracts. This allows traders to use up to 75x leverage when trading BAN. This announcement follows the recent success of PNUT, another meme coin, which experienced a remarkable rally after its spot listing on Binance last week.

PNUT’s Surge

Last week, Binance listed PNUT on its spot market, triggering a massive bull run for the meme coin. When PNUT went live on Binance at $0.1047 on November 11, it skyrocketed to an all-time high of $2.50 just three days later—a staggering 2,287% increase.

Now, following its recent futures listing announcement, market participants are wondering whether the BAN token can replicate this success.

BAN Token Listing Details

The BANUSDT perpetual contract brings high-leverage trading opportunities to a broader audience. Key features include:

• Maximum Leverage: 75x
• Settlement Asset: USDT
• Capped Funding Rate: ±2.00%
• Trading Hours: 24/7

Additionally, Binance’s Multi-Assets Mode allows users to trade using collateral such as BTC, offering more flexibility for traders. While the 75x leverage offers the potential for significant profits, it also increases risk. 

Binance has stated that it may adjust the contract specifications, such as leverage and margin requirements, depending on market conditions. The exchange also reminded users that a listing on Binance Futures does not guarantee a spot listing.

Will BAN Follow PNUT’s Path?

While PNUT benefited from a spot listing on Binance, BAN’s futures listing could also trigger significant price movements. Futures markets often amplify volatility, especially for meme coins, which are heavily influenced by market sentiment. 

However, a futures listing differs from a spot listing, which may result in different market dynamics. Traders have taken a wait & watch approach to see if BAN will follow PNUT’s lead.  At press time, BAN is up 86% in the last 24 hours, trading at $0.331.