Last Friday it was still worth 1 mao 2, today it’s 1 dollar: this coin is up 309%—the shorts called the shots
Today the most eye-catching is $LSK : on the gainers list up 309.26%, price $1.017, with $152 million in 24h trading volume. What does that mean? Among the top 30 on the gainers list, the other 29 combined traded only about $220 million—LSK alone ate up 40%. And the broader market backdrop was unusually quiet: $BTC moved just 0.10%, $ETH fell 1.12%—only it was putting on a solo show. #LSK
Even more ruthless is the timeline: last Friday it was trading near $0.12, and in three days it surged about 8 times. Reports say that on Sunday it even briefly shot above $2, then pulled back to where it is now. #BTC
So what’s the reason? Two known catalysts. At the end of August, news said the Lisk Foundation plans to shut down its independent chain on October 31, shift to enterprise payments, and destroy 100 million LSK—about a quarter of the total supply. Then on September 10 it issued a final warning: users must migrate LSK to Ethereum within a few weeks, or their assets may become inaccessible. A kind of “farewell ceremony” for an old project ended up becoming the fuse for a rally—this market’s rules are always hard to guess.
The media is even more direct: short squeeze. The contract trading volume surged in sync with the spot market; price moving upward triggered a chain reaction of liquidations, forcing buy orders that pushed more forced buys. But to be honest: squeezes like this usually come fast and go fast—the wick above $2 on Sunday is a reminder.
At the other end of the board it’s more sparks than a wildfire: Tezos (XTZ) is up 14.23% with only $2.7 million in volume; Power Ledger (POWR) is up 8.86% with $8.7 million. Where the money goes is written clearly.
A pump can only create one K-line; only when a group gathers together can you sustain the story. “Big Brother Ma’s” little dog 🐶 is taking exactly this route: not snatching the #1 spot on the gainers list, just making this home livelier day by day, with more familiar faces showing up.
🐶 Let’s take a look at Big Brother Ma’s little dog ✨🚀 💬 What do you all think?
#马斯克爱小狗 #我爱小狗 #小狗
Today the most eye-catching is $LSK : on the gainers list up 309.26%, price $1.017, with $152 million in 24h trading volume. What does that mean? Among the top 30 on the gainers list, the other 29 combined traded only about $220 million—LSK alone ate up 40%. And the broader market backdrop was unusually quiet: $BTC moved just 0.10%, $ETH fell 1.12%—only it was putting on a solo show. #LSK
Even more ruthless is the timeline: last Friday it was trading near $0.12, and in three days it surged about 8 times. Reports say that on Sunday it even briefly shot above $2, then pulled back to where it is now. #BTC
So what’s the reason? Two known catalysts. At the end of August, news said the Lisk Foundation plans to shut down its independent chain on October 31, shift to enterprise payments, and destroy 100 million LSK—about a quarter of the total supply. Then on September 10 it issued a final warning: users must migrate LSK to Ethereum within a few weeks, or their assets may become inaccessible. A kind of “farewell ceremony” for an old project ended up becoming the fuse for a rally—this market’s rules are always hard to guess.
The media is even more direct: short squeeze. The contract trading volume surged in sync with the spot market; price moving upward triggered a chain reaction of liquidations, forcing buy orders that pushed more forced buys. But to be honest: squeezes like this usually come fast and go fast—the wick above $2 on Sunday is a reminder.
At the other end of the board it’s more sparks than a wildfire: Tezos (XTZ) is up 14.23% with only $2.7 million in volume; Power Ledger (POWR) is up 8.86% with $8.7 million. Where the money goes is written clearly.
A pump can only create one K-line; only when a group gathers together can you sustain the story. “Big Brother Ma’s” little dog 🐶 is taking exactly this route: not snatching the #1 spot on the gainers list, just making this home livelier day by day, with more familiar faces showing up.
🐶 Let’s take a look at Big Brother Ma’s little dog ✨🚀 💬 What do you all think?
#马斯克爱小狗 #我爱小狗 #小狗