Recently, this new coin has been showing some interesting performance. Both price and trading volume are rising simultaneously, and technically, it looks promising— the 7-period moving average has already broken above the 25-period moving average, and the MACD is in positive territory. This combination usually indicates a continued upward trend.
Market activity is also quite lively. Observations show that approximately 2.41 million USDT worth of funds have been flowing in every hour, indicating that market buyers' enthusiasm has indeed been ignited. Additionally, a major public chain foundation bought this token at $50,000 earlier, and combined with holdings and trading actions by some well-known figures, the support signals from the ecosystem are quite clear.
However, issues have also arisen. After the initial spot listing, community opinions on its performance are not unanimous— some feel it hasn't risen fast enough and hasn't met expectations. Looking at past foundation investments, some tokens that were previously endorsed have performed only so-so afterward, which has caused some doubts among investors.
Another point to be cautious about is volatility. This type of coin moves quickly, but it also drops sharply— short-term pullbacks can be quite significant, testing investors' psychological resilience.
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WagmiAnon
· 01-11 00:50
It's the same old trick again—foundation endorsements, influencer holdings, capital inflows... Just listen and don't take it seriously.
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AirdropHunterXiao
· 01-11 00:39
Foundation endorsements are not 100% reliable either. The lesson from that last coin is still fresh in my mind.
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GasFeeCrier
· 01-11 00:32
It's the same old routine of the foundation's endorsement; the last coin was hyped up the same way...
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ChainPoet
· 01-11 00:29
It's the same old trick again—foundation endorsement, big investors' holdings, attractive technicals... why hasn't it taken off yet?
Recently, this new coin has been showing some interesting performance. Both price and trading volume are rising simultaneously, and technically, it looks promising— the 7-period moving average has already broken above the 25-period moving average, and the MACD is in positive territory. This combination usually indicates a continued upward trend.
Market activity is also quite lively. Observations show that approximately 2.41 million USDT worth of funds have been flowing in every hour, indicating that market buyers' enthusiasm has indeed been ignited. Additionally, a major public chain foundation bought this token at $50,000 earlier, and combined with holdings and trading actions by some well-known figures, the support signals from the ecosystem are quite clear.
However, issues have also arisen. After the initial spot listing, community opinions on its performance are not unanimous— some feel it hasn't risen fast enough and hasn't met expectations. Looking at past foundation investments, some tokens that were previously endorsed have performed only so-so afterward, which has caused some doubts among investors.
Another point to be cautious about is volatility. This type of coin moves quickly, but it also drops sharply— short-term pullbacks can be quite significant, testing investors' psychological resilience.