$CNPY sitting around $0.418 after that dip. Volume still there, price holding above the short MAs.
Canopy is the “spin up an appchain without building a whole L1” thing restake CNPY for security, launch from the Terminal. Mainnet only just went live so this tape is still messy.
$28M mcap vs $234M FDV is the part I’m watching. Thin liquidity, ugly wicks.
Seen this movie before. Just observing.
DYOR.
#AIStocksWhatNext
Canopy is the “spin up an appchain without building a whole L1” thing restake CNPY for security, launch from the Terminal. Mainnet only just went live so this tape is still messy.
$28M mcap vs $234M FDV is the part I’m watching. Thin liquidity, ugly wicks.
Seen this movie before. Just observing.
DYOR.
#AIStocksWhatNext
