$SAGA
Ain't no massive news or proper official word from the Saga project to explain this mad jump today, mate, It’s basically down to:
A proper massive trading volume—around $49 million—along with a heavy wave of speculation and a solid bit of technical buying after smashing through resistance levels
Short squeezes taking place, which sorted out a faster climb
$SAGA
The price shot up from a bottom of about $0.0405 straight to a peak of $0.0908, before settling down round $0.069
Compared to the low, the coin only added roughly $12 to $13 million to its market cap
This sort of pump is dead common for low-cap coins—driven way more by hype than proper fundamentals
That's why heaps of traders jump in rapid and clear out just as fast
$SAGA
#Saga #Market_Update
Ain't no massive news or proper official word from the Saga project to explain this mad jump today, mate, It’s basically down to:
A proper massive trading volume—around $49 million—along with a heavy wave of speculation and a solid bit of technical buying after smashing through resistance levels
Short squeezes taking place, which sorted out a faster climb
$SAGA
The price shot up from a bottom of about $0.0405 straight to a peak of $0.0908, before settling down round $0.069
Compared to the low, the coin only added roughly $12 to $13 million to its market cap
This sort of pump is dead common for low-cap coins—driven way more by hype than proper fundamentals
That's why heaps of traders jump in rapid and clear out just as fast
$SAGA
#Saga #Market_Update
