A friend sent a screenshot: LFJ has 24-hour trades of $16.32 million, and it ranks 58th on DEX. His first reaction was: “Is $JOE about to see some market action?”
My take is this: trading volume is 2.8 times the usual, which does indicate rising attention; protocol fees might also be a bit higher. But trading volume and coin price don’t necessarily move in sync—I’ll observe for a few days before deciding.
In a high-volatility market, first manage risk.
My take is this: trading volume is 2.8 times the usual, which does indicate rising attention; protocol fees might also be a bit higher. But trading volume and coin price don’t necessarily move in sync—I’ll observe for a few days before deciding.
In a high-volatility market, first manage risk.