$POWR Last night through the early hours of this morning, Powerledger was the focus of the South Korean market. According to COINOTAG, Powerledger rose 30.16% on Upbit to 98.4 won, topping the gainers list, with trading volume of approximately 29.3 billion won and a price of about $0.067. Most cryptocurrencies were actually falling at the time, making the surge especially conspicuous.
Small-cap coins that get a funding-driven boost in a narrow market can rise and fall quickly. Whether trading volume can be sustained is worth watching more closely than the percentage gain. On the global rankings, POWR was up about 18% over 24 hours, also placing in the top five.
#Upbit #South Korean market
For reference only; this does not constitute investment advice.
Small-cap coins that get a funding-driven boost in a narrow market can rise and fall quickly. Whether trading volume can be sustained is worth watching more closely than the percentage gain. On the global rankings, POWR was up about 18% over 24 hours, also placing in the top five.
#Upbit #South Korean market
For reference only; this does not constitute investment advice.