HFT almost touched $0.01 today. Almost is the whole story.

$HFT +6.3% to $0.00711. Volume $2.3M.

The 24h range is wild: low $0.005985, high $0.009999. It ran almost to the $0.01 round number, then fell back about 29% from that high โ€” and it is still green on the day.

That is a full round trip inside one day. Anyone who bought the top of that spike is deep underwater while the daily candle says "up 6%".

I found no clear news reason for the spike yet.

This is why I read the range before the percentage. The % is the advertisement; the range is the truth.

Have you ever bought the top of a spike like that? I have. Once was enough.

#HFT #Crypto #Altcoins
Not financial advice.