$NMR is doing this for the second time in ten days.
On September 28 it jumped 36.7%. The next day it gave back almost 14%.
Now another 34% day has arrived, with about $178M traded against a market cap near $109M.
That is why this move is worth watching. NMR is small enough for a flood of volume to reprice it very quickly, but we have already seen how fast part of that move can disappear.
Before this spike, price was around $12.
If NMR can stay well above that area after the volume cools down, this move carries more weight than the September one.
$NMR
On September 28 it jumped 36.7%. The next day it gave back almost 14%.
Now another 34% day has arrived, with about $178M traded against a market cap near $109M.
That is why this move is worth watching. NMR is small enough for a flood of volume to reprice it very quickly, but we have already seen how fast part of that move can disappear.
Before this spike, price was around $12.
If NMR can stay well above that area after the volume cools down, this move carries more weight than the September one.
$NMR