Affected by the negative news, the price of BAKE coin fluctuated sharply in a short period of time, and contract transactions surged

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On July 7, according to market information, the BAKE token price experienced significant short-term volatility, dropping to a low of $0.0818 before rebounding, currently priced at $0.0917, with an increase of 2.01% in the past hour.

Additionally, according to Coinglass data, BAKE's 24-hour contract trading volume has grown by 477.81%, reaching $43.87 million.

Previously, Binance added monitoring tags to BAKE, IDEX, and SLF.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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