1000CHEEMS Surges 14.11% Amid Record Binance Trading Volume and Technical Upgrades

1000CHEEMSUSDT saw notable price appreciation in the last 24 hours, with Binance data showing a 14.11% increase from a 24h open of 0.000475 USDT to a current price of 0.000542 USDT. This upward movement can be attributed to heightened trading activity following Binance's continued technical optimizations for 1000CHEEMSUSDT, as well as the ongoing support for Spot, Futures, Earn, Margin, and Convert services, which have improved trading efficiency and liquidity. The asset remains volatile, reflected by a wide trading range and significant trading volumes across exchanges, with 24-hour volume exceeding 2.74 billion tokens (1.35 million USDT) on Binance and similar figures elsewhere. Despite recent declines in the past week and month, today's price increase indicates renewed market interest, likely driven by active short positions and recent technical adjustments. Market capitalization estimates vary, with reports ranging from $96.76 million to $118.38 million.