FIS Token Surges 13% Amid 681% Volume Spike as StaFi Unveils Staking AI Finance Updates

FISUSDT experienced significant volatility in the last 24 hours, with a notable price increase of 13% on Binance, rising from $0.1000 to $0.1130. The surge in trading volume, highlighted by a 681.08% spike within 10 minutes and reaching $642,091.76, can be attributed to technical bullish signals such as the 50-day SMA crossing above the 200-day SMA on the 4-hour chart, as well as renewed trader interest following recent protocol updates by StaFi, including a shift towards "Staking AI Finance" and efforts to reduce token inflation. Despite a brief period of strong upward momentum and active social media discussion, the asset has also shown considerable price swings and mixed technical sentiment, with some indicators suggesting a potential for further movement depending on support levels. Currently, FISUSDT trades at $0.1130 on Binance, with a 24-hour volume of $2,659,638, reflecting ongoing volatility and active participation in the market.