$BTW took off again today, surging to around $2.70. It’s up nearly 50% in 24 hours, hit another all-time high, and its market cap has reached $7.5 billion.
Clearly, sentiment is driving this rally. Funds are still rotating into altcoins, and with such a low circulating supply, it doesn’t take much to send the price flying. The buzz from the earlier event hasn’t completely faded, either. But honestly, I haven’t seen anything new in the fundamentals to support this move—it’s purely a momentum rally. This kind of surge is exciting to watch, but the volatility is huge. It’s flash-crashed several times before, and people who buy at the top can easily get shaken out.
Brother Sun, give everyone a break, please. $BTW
Clearly, sentiment is driving this rally. Funds are still rotating into altcoins, and with such a low circulating supply, it doesn’t take much to send the price flying. The buzz from the earlier event hasn’t completely faded, either. But honestly, I haven’t seen anything new in the fundamentals to support this move—it’s purely a momentum rally. This kind of surge is exciting to watch, but the volatility is huge. It’s flash-crashed several times before, and people who buy at the top can easily get shaken out.
Brother Sun, give everyone a break, please. $BTW