IDEX Token Surges 38% on Binance as Trading Volume Soars Past $62 Million After Monitoring Tag

In the past 24 hours, IDEXUSDT experienced a significant price increase of 38.29%, rising from 0.01755 to 0.02427 on Binance. This surge follows heightened trading activity and analyst predictions of a potential "explosive breakout," as noted in recent technical analyses highlighting increased trading volume as a key indicator. The price movement comes shortly after Binance applied a monitoring tag to IDEX on July 7, 2025, which initially led to a sharp decline of over 10% due to concerns about compliance and potential delisting. Despite this earlier negative sentiment, renewed trading interest and technical signals have contributed to the recent upward momentum. IDEX currently trades at 0.02427 with a 24-hour trading volume exceeding $62 million, a market capitalization of approximately $21.6 million, and a circulating supply of about 960 million tokens. The most active trading occurs on Binance, with IDEX/USDT leading in volume.