While the broader market was drenched in red, it quietly gained nearly 20%: $ERA is the toughest performer out there today.
Binance spot is up 19.6% over the past 24 hours, with the current price around $0.087 and an intraday high of $0.0876. If you’d put in 10,000 USDT at yesterday’s closing price of $0.0802, you’d have 10,873 USDT now. It’s up 27% over the past 7 days, climbing steadily from $0.0686 on November 4. And don’t forget, it hit a low of $0.0543 as recently as September 16—less than two months ago, it’s climbed 60% from the bottom.
Caldera is a Rollup-as-a-Service on Ethereum, using Metalayer to enable interoperability across rollups. The narrative isn’t new, but with a light token supply and a market cap of just $11.8 million, it can take off faster than anything else when the wind picks up. The downside is plain to see, too: its all-time high was $1.88, and the current price is still more than 95% below that peak. Is this rally the start of something, or a bull trap? The candlestick chart will tell.
Those who missed the boat yesterday are kicking themselves again today. The question is: would you dare chase it at this price, or wait for a pullback?
#Caldera #ERA
Binance spot is up 19.6% over the past 24 hours, with the current price around $0.087 and an intraday high of $0.0876. If you’d put in 10,000 USDT at yesterday’s closing price of $0.0802, you’d have 10,873 USDT now. It’s up 27% over the past 7 days, climbing steadily from $0.0686 on November 4. And don’t forget, it hit a low of $0.0543 as recently as September 16—less than two months ago, it’s climbed 60% from the bottom.
Caldera is a Rollup-as-a-Service on Ethereum, using Metalayer to enable interoperability across rollups. The narrative isn’t new, but with a light token supply and a market cap of just $11.8 million, it can take off faster than anything else when the wind picks up. The downside is plain to see, too: its all-time high was $1.88, and the current price is still more than 95% below that peak. Is this rally the start of something, or a bull trap? The candlestick chart will tell.
Those who missed the boat yesterday are kicking themselves again today. The question is: would you dare chase it at this price, or wait for a pullback?
#Caldera #ERA
