$CHEEMS dropped by over 50% in a short period, affected by the exchange's upcoming launch of 1000 CHEEMSUSDT Perptual Futures

Gate news: A major exchange will launch 1000CHEEMSUSDT Perptual Futures at 11:45 (UTC) on November 25, 2024, supporting up to 75x leverage. As a result, $CHEEMS experienced a big dump of over 50%.
gate data shows that the $CHEEMS price has fallen by 27.11% in the past 24 hours, with the current price at $0.0000007606, a market capitalization of $268.25M, and 24-hour trading volume of $71.21M.