1000CHEEMS Token Faces 7.88% Price Drop Amid Delisting News and Surging Trading Volumes

1000CHEEMSUSDT has seen notable volatility in the past 24 hours, with the price declining by 7.88% to 0.000503 USDT on Binance. This downturn is primarily attributed to shifting market sentiment, active profit-taking by traders following recent price surges, and announcements from several platforms regarding the delisting and settlement of 1000CHEEMS perpetual contracts. The token remains highly traded, with 24-hour volumes exceeding 2.8 billion 1000CHEEMS and a market capitalization estimated between $100 million and $118 million. The asset continues to be discussed actively among the crypto community, reflecting ongoing interest and rapid price fluctuations characteristic of meme coins.