BIFI Token Jumps 7.67% on Binance After Monitoring Tag Spurs Surge in Trading Activity

Beefy (BIFI) experienced a notable price increase of 7.67% over the past 24 hours on Binance, rising from a 24h open of 149.9 to a current price of 161.4. This upward movement follows the recent announcement on June 5, 2025, that Binance has added a Monitoring tag to BIFI, which typically signals increased oversight and may lead to heightened market attention and short-term trading activity. Despite this daily gain, BIFI’s broader trend remains negative, with a 27.93% decline over the past month. The asset maintains an active 24-hour trading volume of $2,725,869 and a market capitalization of approximately $12.2 million, ranking it within the top 1000 cryptocurrencies. Overall, the recent price recovery appears linked to increased visibility and trading activity following the monitoring tag update, though longer-term momentum remains downward.