$CREAM past 24 hours saw a rise of about 65%, climbing into the top positions on the gain leaderboard.
This uptrend has been accompanied by an increase in trading volume, bringing legacy lending-category projects back into focus. In the short term, price movements are driven by changes in sentiment and liquidity, and the direction can switch quickly.
In this kind of market, what matters more than the percentage gain is whether the momentum is driven by real demand or by short-term trading of chips. Impulsive rallies in low market-cap tokens are not uncommon; the magnitude of volatility often does not match the depth of liquidity.
#CREAM #Market update
This uptrend has been accompanied by an increase in trading volume, bringing legacy lending-category projects back into focus. In the short term, price movements are driven by changes in sentiment and liquidity, and the direction can switch quickly.
In this kind of market, what matters more than the percentage gain is whether the momentum is driven by real demand or by short-term trading of chips. Impulsive rallies in low market-cap tokens are not uncommon; the magnitude of volatility often does not match the depth of liquidity.
#CREAM #Market update
