$AMC on-chain activity has become unusual, surging 215% in 24 hours. Where is the market disagreement?

Early this morning, a dark horse among altcoins, $AMC, performed impressively, soaring 215% in 24 hours to $0.098183. However, on-chain data shows that its activity has not increased significantly.

The sharp rise of $AMC stands in stark contrast to the calm on-chain activity. Where exactly does the market disagreement lie?

Data source: CoinGecko market monitoring

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