MEMEFI (MemeFi) rose 176.32% in 24 hours.

2025-08-07 00:52:09

Gate News Bot news, on August 7, according to CoinMarketCap, as of the time of writing, MEMEFI (MemeFi) is currently priced at $0.00379182, with a rise of 176.32% in the last 24 hours, reaching a high of $0.00413102 and a low of $0.00130568. The current market capitalization is approximately $37.9 million, an increase of $2.42 million compared to yesterday.

MemeFi is a leading Telegram game and Web3 meme ecosystem with 52 million players. The MEMEFI token is now listed for trading on a certain CEX. The project collaborates with the Sui blockchain to issue tokens within the Sui ecosystem, providing a low-cost, fast, and user-friendly claiming experience. MemeFi brings users into the on-chain world through gamification and large-scale application scenarios. The project plans to complete the token generation event (TGE) and exchange listing by the end of 2024, and implement a profit-sharing staking and burning mechanism.

MEMEFI recent important news:

1️⃣ Perpetual contracts will be delisted soon MEMEFI perpetual contracts will be automatically settled and delisted on August 11, 2025, at 09:00 (UTC). This decision may affect the trading liquidity and market depth of MEMEFI, and investors should closely monitor the potential impact of the contract delisting on the spot market.

2️⃣ Closing Time Limit Users must complete the closing operation before August 11, 2025, 08:30 (UTC). This time limit may lead some investors to close their positions early, resulting in short-term fluctuations in the MEMEFI price.

3️⃣ Liquidation mechanism activated The IOCO mechanism will be enabled to handle forced liquidation one hour before contract settlement, and the unexecuted portion will enter the ADL process. This mechanism may lead to significant market fluctuations, and investors should remain vigilant and closely monitor market trends.

From a technical perspective, the MEMEFI price has experienced a significant pump in the past 24 hours, but considering the upcoming contract delisting event, the market may face considerable uncertainty. Investors should carefully assess risks and manage their funds appropriately.

This message is not an investment advice, and investors should pay attention to market volatility risks.

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