<ul><li>Binance has launched the PONKEUSDT perpetual contract with up to 75x leverage, allowing traders to speculate on PONKE price movements.</li><li>The contract sets itself apart with no expiration date and is based on a weighted index to establish PONKE's market value.</li><li>After the contract debut, PONKE initially saw a 10% price increase but later experienced a significant drop, highlighting the volatility of memecoin markets.</li><li>Analysts warn of possible downfalls for DOGE based on a pessimistic trend observed on Solana, Ethereum, and other major coins.</li></ul>

Binance Launches PONKE Perpetual Contract, Shaking Up Memecoin Prices

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