WuBlockchain Weekly (Jun 20–Jun 27): South Korea's Eight Banks Launch KRW - Pegged Stablecoin, OKX Considers US IPO, Barclays Bans Crypto Transactions, Japan Proposes Bitcoin ETFs, Bhutan’s BTC Reserves Hit $1.3B, and More https://wublock.substack.com/p/wublockchain-weekly-south-koreas?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true
1000CHEEMS Surges 8.94% on Binance Amid High Trading Volumes and Ongoing Meme Token Hype
1000CHEEMSUSDT experienced a notable 8.94% price increase over the past 24 hours, rising from a 24h open of $0.001298 to a current price of $0.001414 on Binance. This upward movement is primarily attributed to sustained high trading volumes, particularly in the 1000CHEEMS/USDT pair, and ongoing market attention following its Binance listing on February 9, 2025. No significant new developments or breaking news have been reported since May 31, 2025, suggesting that current price action is driven by continued speculative trading interest and liquidity in meme tokens rather than fundamental news. Trading volume remains moderate, ranging from $1.67 million to $2.75 million in the last 24 hours, with market capitalization data not publicly disclosed. Overall, 1000CHEEMSUSDT continues to show active trading and price volatility, typical of meme-based cryptocurrencies.
🧊 $FIL /USDT Slips to Support – Is a Reversal Coming?
Filecoin (FIL) has dropped 3.81% to $2.16, testing a crucial support near its 24h low of $2.167.
All EMAs (7, 25, 99) sit above current price, signaling a short-term bearish trend.
However, a bounce from this oversold level could offer a quick recovery play.
LONG Trade Setup:
• Entry: $2.16
• TP1: $2.19
• TP2: $2.22
• TP3: $2.28
• Stop Loss: $2.03
If buyers step in, FIL could reclaim momentum fast – storage coins often recover with force.
$FIL
{spot}(FILUSDT)
$WCT /USDT – Bullish Trend Strengthens, Buyers in Control
Current Price: $0.3074
24H Change: +3.61%
Volume (WCT): 14.91M
Category: Infrastructure
Market Update:
WCT is moving up again with steady strength, climbing from $0.2893 to $0.3088 in the last 24 hours. Bulls are clearly active, and price is holding strong above key support.
Key Price Levels:
Support: $0.2975 and $0.2893
Resistance: $0.3104 and $0.3115
Long Trade Setup:
Buy Range: $0.3030 – $0.3080
Stop Loss: Below $0.2890
Target 1: $0.3150
Target 2: $0.3220
Target 3: $0.3360
Summary:
WCT continues to show strong bullish momentum. If price breaks above $0.3115 with volume, the uptrend may extend further. Bulls are in control, and the trend looks positive for short-term gains.
Buy and Trade here on $WCT
{future}(WCTUSDT)
SAHARA Token Soars 40,000% on Major Exchange Debut, Then Plunges 73% Amid $631M Trading Frenzy
SAHARA (Sahara AI) experienced extreme price volatility following its June 26, 2025 debut on major exchanges, including Binance, where it was listed with multiple trading pairs and supported across various products. The token’s price surged over 40,000% after the initial listing announcement, driven by strong speculative demand, high-profile exchange support, and attention from a $51.5 million funding round led by major investors. However, this rapid ascent was followed by a sharp correction: after reaching an all-time high of $0.3264, SAHARA’s price dropped over 73% within hours, reflecting significant profit-taking and market uncertainty. The intense volatility was further fueled by the launch of Binance Futures SAHARA perpetual contracts with up to 75x leverage and the activation of airdrop distributions, both of which amplified trading activity and short-term price swings.
Currently, SAHARA is trading at $0.08571 on Binance, up 328.55% from the 24h open of $0.02000, with 24-hour trading volume exceeding $631 million. The token’s market activity remains exceptionally high, with major price swings attributed to speculative trading around its multi-exchange launch, leveraged futures products, and large-scale airdrop participation.