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Damn, $quq this little thing exploded today! 🚀
Rising from $0.002383 to $0.003036, a 12.64% increase, with a trading volume of 429 million USDT, this liquidity and heat are both maxed out. Small tokens on BSC can perform like this, really something.
But looking at the data, it's interesting, with a market cap of only 3M, and FDV also 3M, is it fully circulating? Liquidity is 2.63M, almost 90% of the market cap, this liquidity allocation is quite healthy, unlike those sh*tcoins with FDV 100 times the market cap.
Over 50,000 holders, for a small market cap project, the popularity is decent. 27% intraday volatility, a typical degen coin performance, jumping up and down.
Honestly, these Alpha coins are just pure gambling, don’t even think about fundamentals. If it rebounds so much from the lows, either there’s funds pumping it or the meme effect has kicked in. The BSC ecosystem has indeed shown some signs of warming up recently.
But on the other hand, this price range is still very risky, a waterfall could happen at any time. Playing these coins is just exhilarating, one second heaven, the next hell. Brothers with positions, remember to take profits and set stop-losses.