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$MEMEFI In the last 24 hours, the rise was 287%, outpacing the rise of the entire cryptocurrency market by 0.78%. Key factors:
Rise driven by trading volume: the daily trading volume reached 366 million dollars (+6 112%), indicating speculative frenzy.
Rotation of the MEME sector: the fear and greed index at level 62 ( "Greed" ) fuels the appetite for risk
Technical breakthrough price broke through key Fibonacci resistance
What does this mean: High turnover reduces slippage, attracting day traders chasing volatility. With all 10 billion tokens in circulation, there are no supply shocks capable of holding back short-term momentum.
However, such ratios often precede sharp reversals, when liquidity runs dry.