eden 0.08u
A few days ago it was still sitting at 0.045; by the 13th, it climbed to 0.074 in a single day. Early this morning I touched 0.0855—over just two days it almost doubled.
I checked the news: there are only a listing announcement on a certain platform from a few days ago and a security certification. The timing doesn’t match this run, and I couldn’t find any direct catalyst on the day itself.
The volume is really huge. One day there were over 70 million in trades, while the market cap was only a bit over 30 million. Turnover is more than double. This kind of volume can’t be built up by retail traders alone.
You have to watch the float: circulation is only about 40%, with the remaining 60% locked. Going forward it’s been a steady release of volume. With a market cap of around 30 million now, if fully circulated it would be about 80 million.
0.074 is the closing level of the candle on the 13th. If the pullback holds, there’s still something to watch; but if it falls back to 0.045, this move was just a one-day trip. Now we’re too close to the top—chasing here is basically helping people carry the sedan. #eden $EDEN
A few days ago it was still sitting at 0.045; by the 13th, it climbed to 0.074 in a single day. Early this morning I touched 0.0855—over just two days it almost doubled.
I checked the news: there are only a listing announcement on a certain platform from a few days ago and a security certification. The timing doesn’t match this run, and I couldn’t find any direct catalyst on the day itself.
The volume is really huge. One day there were over 70 million in trades, while the market cap was only a bit over 30 million. Turnover is more than double. This kind of volume can’t be built up by retail traders alone.
You have to watch the float: circulation is only about 40%, with the remaining 60% locked. Going forward it’s been a steady release of volume. With a market cap of around 30 million now, if fully circulated it would be about 80 million.
0.074 is the closing level of the candle on the 13th. If the pullback holds, there’s still something to watch; but if it falls back to 0.045, this move was just a one-day trip. Now we’re too close to the top—chasing here is basically helping people carry the sedan. #eden $EDEN