MLN (Enzyme) rose 85.50% in 24 hours

Gate News Bot reports, on October 20, according to CoinMarketCap data, MLN (Enzyme) is currently priced at $15.00, having pumped 85.50% in the last 24 hours, with a high of $15.71 and a low of $5.05. The 24-hour volume reached $294 million. The current market capitalization is approximately $44.8 million, an increase of $20.7 million compared to yesterday.

Important news about MLN recently:

1️⃣ The delisting of trading pairs triggers market fluctuations The MLN/USDT and MLN/USDⓈ (MLN/USD) trading pairs will officially go offline from 4:00 PM to 6:00 PM on October 23, 2025. This move may lead investors to accelerate their position adjustments in the short term, resulting in significant fluctuations in the MLN price.

2️⃣ Trading service suspension affects market liquidity As of 4:00 PM on October 16, 2025, relevant trading services have been suspended, requiring users to complete order cancellations before going offline. This measure may lead to a temporary impact on MLN market liquidity, intensifying price fluctuations.

3️⃣ Investor sentiment changes drive price trends In response to the news of the trading pair being delisted, some investors may choose to accelerate the sale of MLN in the short term, while another group of investors may take the opportunity to buy the dip. This divergence could be one of the important reasons for the significant rise of MLN price by 85.50% within 24 hours.

From a technical perspective, the MLN price has experienced significant fluctuations in the short term, indicating that market sentiment is highly sensitive. Investors should closely monitor subsequent developments and remain vigilant about potential high risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.