This Cryptocurrency Explodes by 160% After Backing From Binance: Details Here

The cryptocurrency market is a sea of red today (November 5), with most leading digital assets posting substantial losses after yet another market collapse. However, one lesser-known altcoin has soared by triple digits following support from the biggest crypto ￰0￱ Impressive Pump Binance added Momentum (MMT) to various programs, including Binance Simple Earn, “Buy Crypto,” Binance Convert, Binance Margin, and Binance ￰1￱ announcement triggered a major rally for the digital asset, whose valuation briefly skyrocketed above $4, whereas its market cap surged beyond $800 ￰2￱ the following hours, however, MMT retraced to the current $1.16, representing a 160% increase on a daily ￰3￱ Price,) is a recently launched token that has also received support from Upbit, OKX , LBank, and other leading ￰4￱ major price swings have captured the attention of industry participants, and some, like X user Honey, have labeled the project as a scam. $MMT Biggest Scam in Crypto History! 114M liquidated in a newly listed coin within just 24h The highest short liquidation across the entire market Even $BTC ‘s total short ￰5￱ just 56M A few whales got wiped out alone with nearly 50M in losses Pure manipulation at its finest ￰6￱ — Honey (@Honeyxgpt) November 5, 2025 Other Binance Moves Besides adding support for MMT, the company said it will delist the following spot trading pairs: INIT/BNB, IOTX/BTC, PEOPLE/BTC, RESOLV/FDUSD, RUNE/FDUSD, and USUAL/BTC.

The effort did not cause any significant declines, as such are often witnessed when Binance terminates all trading services with certain ￰7￱ was the case towards the end of October when the firm delisted Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP). All affected tokens nosedived by double ￰8￱ this month, KDA took another blow when Binance revealed it would close all positions and conduct an automatic settlement on the KDA/USDT perpetual ￰9￱ Infinity (AXS) and Theta Network (THETA) also headed south due to the termination of the AXS/USD and THETA/USD perpetual contracts.