FIO Token Surges 29% on Binance Amid Token Unlock and FIO/BTC Delisting, Driving Market Momentum
FIOUSDT experienced a notable price increase of 29.20% over the past 24 hours, rising from 0.01678 to 0.02168 on Binance. The surge in price is primarily attributed to heightened trading activity following a recent token unlock and the delisting of the FIO/BTC pair, which shifted liquidity and focus to the FIOUSDT market. Real-time discussions and technical analyses on social media highlighted a breakout above resistance levels and increased bullish sentiment, although some selling pressure remains evident. The market saw significant volatility, with trading volume ranging widely and the price fluctuating between 0.01571 and 0.02500. The circulating supply is reported between 815 million and 839 million FIO, with a market capitalization estimated at $13.64 million to $17.9 million. Overall, FIOUSDT is currently trading actively with strong momentum and mixed short-term signals.