1000CHEEMS Token Sees 4.35% Drop Amid High Volatility and Active Trading, Market Cap Near $100M

1000CHEEMSUSDT has experienced a 4.35% price decline over the past 24 hours, with the current price at 0.000506 USDT according to Binance data. The decrease is primarily attributed to recent market volatility, profit-taking after prior upward movements, and mixed sentiment among traders, as observed on social media and trading platforms. No major external news or formal announcements have been reported, suggesting price changes are mainly driven by internal market dynamics and trader activity. The asset remains highly volatile, with a 24-hour trading volume between $1.06 million and $2.89 million and a market capitalization estimated around $100.85 million, reflecting continued active trading and notable price fluctuations.