$QI Are you crazy today? According to Binance real-time data, it surged directly by +119.78% in the past 24 hours. Current price is $0.003, and the trading volume is 6M USDT—not huge, but it was pulled hard. Old peasants know it: QI is that cross-chain stablecoin protocol QiDao on Polygon. Back then it was quite popular too; later it stepped on its own foot and messed up the peg, dropping so hard it became unrecognizable. Now this move could either be the whales picking it up again to cause trouble, or someone is using it as a meme for a pump.
Take a look at a few other coins that are down bad today: NFP is down 50% then another 50% (-65.85% total). $CREAM is actually up +65.35%—a brief bounce back. VIB is -63.26% and basically just lying there. $BETA is joining the chaos too; the whole market is a free-for-all.
To be honest, QI’s fundamentals are pretty weak. Its tokenomics are a classic old DeFi setup. The MAI stablecoin has long lost its hype, and the team is basically half-invisible. With a pull like this, it’s probably a short-term game by a capital pool—don’t get carried away.
The Nasdaq up 0.3% is basically useless. Gold at 2360 is just flat, and crude oil at 82 is also steady. It’s a crypto self-entertainment kind of market. Whether altcoin season has come or not is anyone’s guess, but gamblers are definitely everywhere.
The above is only personal opinion and does not constitute investment advice. #山寨季焦点 is here #stop_loss_tips
Take a look at a few other coins that are down bad today: NFP is down 50% then another 50% (-65.85% total). $CREAM is actually up +65.35%—a brief bounce back. VIB is -63.26% and basically just lying there. $BETA is joining the chaos too; the whole market is a free-for-all.
To be honest, QI’s fundamentals are pretty weak. Its tokenomics are a classic old DeFi setup. The MAI stablecoin has long lost its hype, and the team is basically half-invisible. With a pull like this, it’s probably a short-term game by a capital pool—don’t get carried away.
The Nasdaq up 0.3% is basically useless. Gold at 2360 is just flat, and crude oil at 82 is also steady. It’s a crypto self-entertainment kind of market. Whether altcoin season has come or not is anyone’s guess, but gamblers are definitely everywhere.
The above is only personal opinion and does not constitute investment advice. #山寨季焦点 is here #stop_loss_tips
