The meme coin Cheems has made headlines with a remarkable price surge following its recent listing on Binance, capturing the attention of investors and traders alike. The source notes that this surge has been fueled by increased trading volume and social media buzz surrounding the coin.
Cheems Price Surge
In just 24 hours, Cheems saw its price soar by over 56%, a clear indication of the renewed interest in the meme coin sector. This dramatic increase can be attributed to aggressive speculation among traders, who are eager to capitalize on the coin's potential.
Binance's Role in Cheems Trading
Moreover, Binance has become a significant player in the Cheems trading landscape, now accounting for more than 55% of the coin's total trading volume. This shift in liquidity not only enhances market stability but also positions Cheems as one of the top gainers on the exchange. The recent developments underscore the speculative nature of meme coins and their ability to influence broader market trends.
While Cheems experiences a significant price surge, the PEPE memecoin has faced a 7% decline amid whale activity and political uncertainty. For more details, see the full report here.
