Binance’s recent launch of perpetual futures contracts for FLOCK and SKY has triggered notable price surges, signaling a ripple effect across the cryptocurrency market. Trading volume and volatility have spiked following the introduction of high-leverage options, highlighting both the potential benefits and risks associated with this feature. 75x leverage, available on these new contracts, has fueled increased speculative activity, leading to substantial price movements for both FLOCK and SKY. While Binance’s influence in driving market dynamics is evident, community members remain cautious about the inherent risks of high-leverage trading, highlighting the need for responsible use and regulatory oversight.