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Seeker's euphoric rally meets holder exits - Can SKR's momentum hold?
The market still leans bullish despite some holders cashing out. Seeker [SKR], the native token for the Solana [SOL] mobile phone, has seen a euphoric rush, as capital flows into the asset in a way that strengthens the case for a continued long-term rally and stretch in price.
Now, one of the major concerns remains the recent exits of holders who keep the asset in their balance as they exit their positions completely, following the 186% run SKR had in the early hours of the day.
SKR has recorded over $15 million in net buy-side flow across the Spot and perpetual markets, supporting the bullish outlook.
Holder exits have increased despite the rally, raising concerns about whether selling pressure could weigh on SKR's price.#GateLaunchesJapaneseStockTrading #U.S.StrikesIranBTCDips #GateIdleEarnAutoYieldUpTo3% #GateEventContractTradeSharingChallenge #AIStartupsRaise400BInSixMonths $SKR