1h ago
FORM surges over 30% as whale-driven futures buying grows while spot traders cut leverage
In the last 24 hours, Form's FORM token jumped more than 30%, with trading volume climbing to about $89 million as it led gains among the top 200 cryptocurrencies. The memecoin launchpad broke above a key $0.19 resistance and has traded between $0.27 and $0.30 amid rising volatility, driven largely by aggressive whale activity in derivatives. However, spot volume has started to cool and traders have begun deleveraging above $0.30 on Binance, signaling expectations of a possible pullback.