FUN Token Surges 15.65% as Trading Volume Soars After Phemex Delisting and Perpetual Launch

FUNUSDT has experienced a significant price increase in the last 24 hours, rising 15.65% to $0.013168 on Binance. This surge is largely attributed to strong market momentum following the recent delisting of FUNUSDT futures from the Phemex exchange, which appears to have concentrated trading activity on other platforms and triggered a bullish breakout above previous resistance levels. Additional support for the price movement comes from increased trading volume and renewed interest after the launch of FUNUSDT perpetual contracts with up to 50x leverage on Binance Futures and Bitget earlier this year. Currently, FUNUSDT is trading with a 24-hour volume between $31.32 million and $89 million, with a market capitalization estimated at $108.21 million to $123.53 million, and a 24-hour price range from $0.006822 to $0.01440, reflecting heightened volatility and strong upward momentum.