The Alpha Zone token $GSTOCK , which hasn't been listed on Binance Spot yet, suddenly surged +40.19% in 24 hours, with its current price reaching 0.003861. But trading volume was only $1.21 million 😳 Meanwhile, $BTC and $ETH were both trending down. As major coins weakened, this small token on BSC rallied on its own.
A closer look at the fundamentals: its market cap is around $3.81 million, with 8,995 holder addresses. With such a shallow liquidity pool, it doesn't take much capital to push the price up. But when it's time to sell, there may not be enough buyers to absorb the supply. Do you usually dare to touch new on-chain tokens with such low trading volume?
A closer look at the fundamentals: its market cap is around $3.81 million, with 8,995 holder addresses. With such a shallow liquidity pool, it doesn't take much capital to push the price up. But when it's time to sell, there may not be enough buyers to absorb the supply. Do you usually dare to touch new on-chain tokens with such low trading volume?
