IDEX Token Surges 14% on Binance Amid $40M Volume Spike and Technical Breakout

IDEXUSDT has experienced a notable price increase of 14.17% over the past 24 hours, with the current price at 0.02860 USDT on Binance. The surge in price and trading volume is primarily attributed to heightened market activity following recent social media coverage, increased monitoring tags, and technical developments, including a strong reversal after a period of bearish signals and consolidation near key support levels. The asset saw a significant spike in trading volume, reaching over $40 million, and technical indicators such as RSI and Bollinger Bands reflected elevated volatility and momentum. Overall, IDEXUSDT is currently consolidating after a sharp rally, with market capitalization around $28 million and circulating supply near 970.7 million tokens.