MEMEFI soared nearly 200% today after Binance delisted its perpetual contracts, sending trading volume to new heights. This sharp rally, largely fueled by forced short covering, drew widespread attention—and growing skepticism—across the crypto community. Meanwhile, today’s market move has renewed doubts about MEMEFI’s long-term prospects. Delisting Triggers Short Squeeze and Record Volatility MEMEFI’s explosive rally began when Binance announced it would delist MEMEFI perpetual contracts from its futures platform by August 11, 2025
source: https://beincrypto.com/memefi-binance-futures-delisting-short-squeeze/