1000CHEEMS Slides 3.61% Amid High Volatility and $2.59M Trading Volume After Binance Listing

1000CHEEMSUSDT experienced a 3.61% decline in the past 24 hours, with the current price at 0.000480 USDT on Binance, opening at 0.000498 USDT. The price change is largely attributed to ongoing market volatility and mixed sentiment following recent listings and strategic announcements, including the Binance listing for spot, margin, and futures trading under the Seed Tag and the launch of a perpetual contract with up to 75x leverage. While these events have driven significant trading volumes, ranging from $1.03 million to $2.59 million USDT, increased intraday price swings and frequent analysis by traders have contributed to short-term downward movement. The market remains active, with robust trading volumes and a current market cap of approximately $93.99 million, but price action is characterized by sideways and volatile movement amid persistent attention from the trading community.