UP on BSC didn’t shoot up in a single spike; it climbed gradually over half an hour, gaining a cumulative 9%. Trading volume during that half hour was $800,000, and it’s still rising over the last 15 minutes.
It’s still down 10% over 24 hours, though—this move is a bounce back from a low. Daily trading volume is $15.88 million, 13 times the pool’s $1.19 million in liquidity, so turnover is rapid. Market cap is about $21 million, and depth looks decent relative to liquidity. There are 10,686 holder addresses.
The key thing to watch next is whether new funds keep coming in. If volume dries up, it could easily move sideways.
$UP #Alpha #OnChainActivity
It’s still down 10% over 24 hours, though—this move is a bounce back from a low. Daily trading volume is $15.88 million, 13 times the pool’s $1.19 million in liquidity, so turnover is rapid. Market cap is about $21 million, and depth looks decent relative to liquidity. There are 10,686 holder addresses.
The key thing to watch next is whether new funds keep coming in. If volume dries up, it could easily move sideways.
$UP #Alpha #OnChainActivity