On the first weekend after the Binance hack rattled the market, one familiar old face was among the rebound leaders: $GLM briefly surged near the top of the Top 200 gainers today, with its price around $0.113 and up about 7% on the day. The full 30-day trend is shown in this real candlestick chart.
Golem is a veteran decentralized computing project that launched back in 2016. There’s no new positive news or narrative here—it’s simply that, after the market began to recover from its panic, funds gave oversold old coins a lift. The Fear and Greed Index is still in fear territory at 30, and BTC has only just climbed back above $77,000. This kind of rebound really tests your patience: don’t get carried away when prices rise; those who chase the rally often become fuel for the next pullback.
The fact that old coins can come back from the dead shows that money hasn’t left the market. But whether they can make a second leg higher will depend on next week’s volume. #Golem #CryptoMarket
Golem is a veteran decentralized computing project that launched back in 2016. There’s no new positive news or narrative here—it’s simply that, after the market began to recover from its panic, funds gave oversold old coins a lift. The Fear and Greed Index is still in fear territory at 30, and BTC has only just climbed back above $77,000. This kind of rebound really tests your patience: don’t get carried away when prices rise; those who chase the rally often become fuel for the next pullback.
The fact that old coins can come back from the dead shows that money hasn’t left the market. But whether they can make a second leg higher will depend on next week’s volume. #Golem #CryptoMarket
