The post MEMEFI Surges Nearly 200% Amid Binance Delisting, But Skepticism About Sustainability Persists appeared on BitcoinEthereumNews.com.

MEMEFI surged nearly 200% after Binance announced the delisting of its perpetual futures contracts, driven by forced short covering rather than renewed investor confidence. Trading volume reached over $209 million as the price nearly tripled in a single session. Despite the surge, MEMEFI remains down over 80% from its all-time high, raising sustainability concerns. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); MEMEFI’s recent surge highlights volatility in crypto markets, driven by Binance’s delisting announcement. Investors should remain cautious. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); } })(); Event Impact Market Reaction Binance Delisting Forced short covering Price surged nearly 200% What Caused MEMEFI’s Price Surge? The recent surge in MEMEFI’s price is attributed to Binance’s announcement to delist its perpetual futures contracts. This decision led to forced short covering, causing a rapid increase in demand and driving prices up significantly. How Did the Market Respond? Following the delisting, MEMEFI experienced a trading volume spike, with over $209 million traded within 24 hours. This…

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Filed under: News - @ August 7, 2025 1:18 am