FIO Token Surges 34% After Binance Perpetual Futures Launch and 2 Million User Milestone

FIOUSDT experienced a significant price increase of 34.48% over the last 24 hours, rising from 0.01627 to 0.02188 on Binance. This sharp upward movement is primarily attributed to recent positive developments, including the launch of the FIOUSDT perpetual futures contract on Binance, which has attracted heightened trading interest and liquidity. Additional contributing factors include FIO Protocol reaching 2 million user handles, a new partnership with CoinStats, and increased community activity following a recent token unlock and the delisting of the FIO/BTC pair.

Currently, FIOUSDT is trading at 0.02188 with a 24-hour trading volume exceeding $16 million and a market capitalization estimated between $13.67 million and $14.53 million. The asset has shown notable volatility, with prices fluctuating between $0.01548 and $0.02089 in the past day, and technical indicators reflecting mixed signals amid a period of consolidation and increased market activity.