$COW HAS PICKED zuP MOMENTUM IN THE LAST FEW HOURS! WHY?
Looking at the COW X account, there doesn’t seem to be any development. In other words, this isn’t a fundamental uptrend.
Looking at the supply distribution, the top 100 holders hold 74.72% of the total supply.
For this reason, the rally appears to be driven by manipulation. The rally may continue.
My expectation is that it will rise a bit more before falling. DYOR!
Looking at the COW X account, there doesn’t seem to be any development. In other words, this isn’t a fundamental uptrend.
Looking at the supply distribution, the top 100 holders hold 74.72% of the total supply.
For this reason, the rally appears to be driven by manipulation. The rally may continue.
My expectation is that it will rise a bit more before falling. DYOR!
