CUSDT Drops 19.52% in 24 Hours Amid New Exchange Listings and Perpetual Futures Launch

CUSDT experienced a significant 24-hour price decline of 19.52%, falling from 0.3258 to 0.2622. This price drop can be attributed to a combination of factors, including the recent surge in exchange listings and the launch of perpetual futures contracts on major platforms such as Binance, Bybit, and Bitget, which likely increased speculative trading and volatility. Additionally, social media commentary highlighted concerns about trading volume and price stability, which may have contributed to bearish sentiment and selling pressure.

Currently, CUSDT is trading at 0.2622 with notable 24-hour trading activity, reflecting heightened market interest following its recent listings and the introduction of leveraged trading products. Market data remains inconsistent across platforms, but Binance data indicates active trading and significant price movement in the past day.