Dusk Network's token DUSK has been quite interesting recently. The current price is around $0.40, down 4.14% in 24 hours, but up 1.71% over 7 days. The two-week performance is even more impressive, with a direct surge of 22.37%. This project focuses on privacy and financial applications, using Byzantine consensus protocol as its mechanism, supporting privacy smart contracts and asset tokenization.
From on-chain data, active addresses have skyrocketed from 59 to 312 in recent days, and the network growth index has jumped from 13 directly to 95, a high not seen since March 2024. Investor enthusiasm has indeed returned. Technically, DUSK faces resistance at $0.6, with short-term fluctuations around $0.078. MACD and RSI indicators show some weakening momentum, but overall, the trend remains bullish, with a target around $0.10.
However, a word of caution—DUSK's holdings are quite concentrated, with five addresses controlling over two-thirds of the supply. This means there is a potential for manipulation, and price volatility could be quite intense. In the long term, pay attention to the project’s collaborations with institutions like NPEX and their progress in real-world asset tokenization, as these factors will influence DUSK's future potential.
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RunWhenCut
· 01-11 09:28
Five addresses control two-thirds? That's outrageous, definitely a whale coin.
Another feast of cutting leeks, I don't believe the active address count soaring.
The sharper the increase, the more dangerous it is. Just wait to be dumped on.
Privacy + tokenization sounds good, but no matter how good the technology is, it can't withstand manipulation.
$0.10? Let's first see how these five big players operate; their movements are the real signal.
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DegenWhisperer
· 01-11 01:10
Such a high concentration... Five addresses hold two-thirds, isn't this just waiting to explode?
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BearWhisperGod
· 01-09 15:02
Five addresses control two-thirds of the supply... Isn't this just a pump-and-dump game disguised as privacy?
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Two weeks up 22%, active addresses skyrocketed 312... That said, the data looks good, but I'm worried it's just a prelude to a rug pull.
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Target of $0.078 to $0.10? Seems unconvincing. The key is whether NPEX can truly push it forward.
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Privacy + finance combo sounds great, but can we really trust such concentrated holdings?
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Still falling in the past 24 hours. Can you believe a two-week increase? Looking at the concentration of holdings, I can only say haha.
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On-chain data surges... I've seen too many illusions. Playing DUSK still depends on its RWA progress—that's the real story.
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The $0.4 price point is a bit awkward for positioning. How to say... let's wait and see.
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BFT consensus sounds very technical, but if the five major whales want to dump, any consensus is useless.
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ForkInTheRoad
· 01-08 16:03
It's that whale manipulation again, controlling the scene with just five addresses? Forget it, I didn't even look at anything below $0.6.
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MemeTokenGenius
· 01-08 16:03
The number of active addresses has skyrocketed, is that true? Or is it just the whales playing games with themselves again...
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ChainWallflower
· 01-08 16:01
Five addresses control two-thirds? This is a typical whale game...
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quietly_staking
· 01-08 15:57
312 active addresses suddenly exploded, but five major whales control two-thirds? This manipulation smell is a bit strong.
The $0.6 resistance level, let's see if it can break through, otherwise it will be a shakeout.
Is the privacy narrative so popular now? Keep a close eye on NPEX's movements.
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NewDAOdreamer
· 01-08 15:47
Five addresses control two-thirds? This is clearly a whale's coin...
Dusk Network's token DUSK has been quite interesting recently. The current price is around $0.40, down 4.14% in 24 hours, but up 1.71% over 7 days. The two-week performance is even more impressive, with a direct surge of 22.37%. This project focuses on privacy and financial applications, using Byzantine consensus protocol as its mechanism, supporting privacy smart contracts and asset tokenization.
From on-chain data, active addresses have skyrocketed from 59 to 312 in recent days, and the network growth index has jumped from 13 directly to 95, a high not seen since March 2024. Investor enthusiasm has indeed returned. Technically, DUSK faces resistance at $0.6, with short-term fluctuations around $0.078. MACD and RSI indicators show some weakening momentum, but overall, the trend remains bullish, with a target around $0.10.
However, a word of caution—DUSK's holdings are quite concentrated, with five addresses controlling over two-thirds of the supply. This means there is a potential for manipulation, and price volatility could be quite intense. In the long term, pay attention to the project’s collaborations with institutions like NPEX and their progress in real-world asset tokenization, as these factors will influence DUSK's future potential.