Yesterday, my friend asked me, what is the "steady as an old dog" coin?


Without hesitation, I showed him the $quq candlestick chart: it only increased by 0.03% in 24 hours, with a high of $0.002141 and a low of $0.00204, a fluctuation range of 4.98%, which in the crypto world is basically a flatline 🤣
Even more incredible is that this thing has a trading volume of 444 million USDT, but only a market cap of 2.06 million USD.
It's like a small shop with a storefront worth only 2 million, but daily turnover exceeds 400 million. What does that mean? Either it's the most awesome bun shop in the world, or everyone is wildly flipping and playing hot potato with it.
This little guy on BSC, with FDV and market cap both at $2.06M, indicates that the token is fully circulating, at least with no hidden unlocks to dump the price.
The liquidity of 1.65 million USD compared to a market cap of 2.06 million USD means liquidity accounts for 80%, which is quite healthy for an alpha coin.
The most interesting part is that there are over 50k holders, each holding about $40 worth of quq.
This scene is just too beautiful: 50k retail investors, each with 40 bucks, all playing this small game worth 2 million on BSC together.
At today’s price of $0.00206, it feels like everyone has agreed not to rush the pump or dump, maintaining this delicate balance in perfect harmony.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin