To be honest, I was still quite surprised to see a trading volume of 417 million USDT. This little guy on BSC has a market cap of only 2.4 million USD, but its trading activity is completely on par with those big players. 50,933 holders, with an average position of just 47 USD per person, a typical retail investor scenario where "everyone wants a piece of the pie."


The most interesting thing is that FDV and market cap are exactly the same, indicating that the token is fully circulating with no lock-up or release tricks. This is quite rare in the Alpha sector, as most projects like to play some tricks. The liquidity of 3.16 million is relatively sufficient compared to the market cap, at least avoiding the awkward situation of wanting to sell but being unable to.
Today’s -2% decline is actually quite mild in the Alpha sector, and a 7.67% fluctuation is practically Zen-like for small coins. I remember last week seeing an Alpha coin with a 50% fluctuation in one day—that was truly exciting.
$quq’s performance reminds me of playing marbles as a kid; sometimes you get a lucky shot and can shoot far, sometimes you just get stuck at the hole right after you start. The Alpha sector is like that—opportunities and risks coexist, and it all depends on whether your heart is strong enough.
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