BIFI Token Surges 10.72% on Binance Amid Monitoring Tag Addition and Rising Market Demand

Beefy (BIFIUSDT) has seen a notable 24-hour price increase of 10.72%, rising from 149.3 to 165.3 USDT on Binance, with trading volume at $2,725,869 and a market capitalization of $12,202,340. The recent price change appears to be driven by a combination of factors: BIFI was added to Binance's monitoring tag list as of June 5, 2025, signaling increased oversight due to considerations such as liquidity and compliance, which can heighten short-term volatility and attract speculative trading. Despite broader crypto market volatility linked to geopolitical tensions and macroeconomic uncertainty, BIFI has outperformed many major assets in the last 24 hours, indicating resilient demand and market interest even under increased scrutiny. The total supply remains capped at 80,000 tokens, and BIFI's CoinMarketCap rank is #999.