BAKE Token Drops 9.72% After Binance Adds Monitoring Tag, Triggers Volatility and High Trading Volume

BakeryToken (BAKEUSDT) experienced a notable price decline of 9.72% over the last 24 hours, with the current price at $0.0882 according to Binance data. This downturn follows Binance’s recent addition of BAKE to its monitoring tag list on July 7, 2025, signaling increased scrutiny due to heightened volatility and risk, which likely contributed to negative price sentiment and increased selling pressure. Market data shows BAKE trading between $0.090888 and $0.1047 in the past day, with a 24-hour trading volume ranging from $378.34K to $28.36 million and a circulating supply of approximately 289.77 million tokens. Overall, BAKE continues to see significant price fluctuations amid ongoing exchange activity and shifting market signals.