BTC is hovering at -0.20%, while ETH, SOL, and BNB are all slightly down. $XPL , however, plunged 11.74%, with a current price of 0.0575, 24-hour trading volume of 10.84 million USDT, and a range of 0.0564 to 0.0659. The KOL’s opinion once again served as the catalyst this time, but the coin’s price didn’t cooperate.
Holders are watching the low of 0.0564, while those looking to enter are waiting for the KOL’s next comment. The project team has to face the fact that liquidity is still there, but confidence is fading.
The things worth watching are very specific: can trading volume of 10.84 million USDT hold up, and can the price recover to 0.0659? No matter how persuasive the KOL sounds, the order book is the only judge.