Wormhole (W) is up over 61% in 24 hours, currently trading at $0.02842
Let’s lay out both sides:
Bullish case: The news gives it a new narrative and could draw more attention;
Bearish case: Good news is often priced in early, making the actual announcement a chance to sell;
My take: There are arguments on both sides. Ultimately, it comes down to which way $BTC ’s price action and volume point.
$BTC is currently at 83690.02, up 0.88% in 24 hours, with a 24-hour range of 82804.65–84199.
Let’s lay out both sides:
Bullish case: The news gives it a new narrative and could draw more attention;
Bearish case: Good news is often priced in early, making the actual announcement a chance to sell;
My take: There are arguments on both sides. Ultimately, it comes down to which way $BTC ’s price action and volume point.
$BTC is currently at 83690.02, up 0.88% in 24 hours, with a 24-hour range of 82804.65–84199.