SOPH increased by 54% in volume, previously put on observation list by Binance

According to AiCoin data, SOPH rose by 54% in 24 hours, with a corresponding increase in transaction volume of 3912.2%, making it the most significant target in terms of volume and price changes among this round of volatile currencies. Among other volatile currencies, IOST and UAI rose 28.56% and 18.81% respectively, with transaction volumes increasing by 397.5% and 30.3%. During the same period, lobster, Hemi, and FLOCK fell by 26.57%, 19.30%, and 17.53%, respectively. It is worth noting that Binance has recently added SOPH to its watchlist, which means that the token is facing stricter and ongoing scrutiny, as well as higher volatility and delisting risks. The current surge in volume indicates a significant increase in short-term trading, but it does not mean that the related risks have been eliminated. The fluctuation of exotic currencies is significant, please pay attention to position and leverage risks. The data is for reference only and does not constitute investment advice.