Lumia is getting a lot of searches on Binance today.
This thing has a market cap of only 30 million U, but 64 million U worth of it traded in a day—the entire supply changed hands twice in one day. Three weeks ago, daily volume was only around 2 million U.
Someone dug up on-chain data showing that six wallets teamed up to open 3x-plus longs on Aster, totaling 11.7 million Lumia. They’re already sitting on 940,000 U in unrealized profits.
I’ve looked all over and can’t find any good news. A few big holders just lit the fuse, and the market makers are pumping it.
It peaked at 0.178 U yesterday and is now at 0.125 U, already down about 30%.
I wouldn’t chase this. If it pulls back to around 0.10 U and holds, then you could get in for a short-term trade.
When those wallets close their longs, they’ll be out faster than anyone. Don’t get left holding the bag. #LUMIA $LUMIA
This thing has a market cap of only 30 million U, but 64 million U worth of it traded in a day—the entire supply changed hands twice in one day. Three weeks ago, daily volume was only around 2 million U.
Someone dug up on-chain data showing that six wallets teamed up to open 3x-plus longs on Aster, totaling 11.7 million Lumia. They’re already sitting on 940,000 U in unrealized profits.
I’ve looked all over and can’t find any good news. A few big holders just lit the fuse, and the market makers are pumping it.
It peaked at 0.178 U yesterday and is now at 0.125 U, already down about 30%.
I wouldn’t chase this. If it pulls back to around 0.10 U and holds, then you could get in for a short-term trade.
When those wallets close their longs, they’ll be out faster than anyone. Don’t get left holding the bag. #LUMIA $LUMIA