What I spotted while checking the markets at work:
Benqi on a typical day: $37K in daily volume, quiet and steady
Benqi today: $123K in 24 hours, a full 3.3x
Me on a typical day: watching the charts
Me today: still watching the charts, and discovering that this project makes a lot of money.
$QI 24h -1.63%.
Seriously though: a one-day spike in fee revenue could be a one-off event, so it’s safer to wait a few days before drawing any conclusions.