$ONG went from $0.04 to $0.195 — then crashed back to $0.098. In days.
This is what a low-liquidity squeeze looks like. Nearly 5x, then half the gains gone before most people even saw the chart.
Context: Upbit suspended ONT/ONG deposits & withdrawals on Aug 20 — a supply shock, not organic demand.
Volume is thin. Moves like this cut both ways, fast.
#ONG #Crypto #Altcoins #RiskManagement
This is what a low-liquidity squeeze looks like. Nearly 5x, then half the gains gone before most people even saw the chart.
Context: Upbit suspended ONT/ONG deposits & withdrawals on Aug 20 — a supply shock, not organic demand.
Volume is thin. Moves like this cut both ways, fast.
#ONG #Crypto #Altcoins #RiskManagement
