The UFC Fan Token ($UFC) is showing signs of life again. After a tough week that saw it drop by more than 16%, UFC bulls rallied strongly in the last 24 hours, pushing the price up by 10.40% to $0.3769.

This sudden bounce appears to be backed by renewed interest from traders, with trading volume soaring by over 22,000%.

Volume Spike and Price Surge Hint at Market Rebound

The sharp spike in the chart shows that buying pressure returned in full force late in the trading day. UFC Fan Token had hovered around $0.34 for most of the day before jumping past $0.37 in just a few hours. The 24-hour trading volume increase of 22,645.30% signals a wave of late buying, likely driven by bargain hunters and short-term momentum traders.

While the token is still down 16.80% over the past 7 days, this rally has sparked hope that the worst may be behind it. $UFC bulls now appear focused on reclaiming lost ground and shifting momentum in their favor.

Market Sentiment Turns as Attention Returns to Fan Tokens

UFC Fan Token, with a circulating supply of 2.4 million and a market cap of $912,656, may be small compared to major cryptocurrencies, but it’s benefiting from renewed interest in fan-focused assets. The combination of low market cap, increased trading activity, and a recognizable brand like UFC makes the token ripe for fast-paced moves.

As traders wait to see if this short-term rally holds, the next 48 hours could be critical. If volume remains elevated, $UFC may erase more of last week’s losses—and possibly flip to green on the weekly chart.