🚀 $KORU jumped 22.65% in a day, and I think it's got more room to run
$KORU is up about 22.65% in the last 24 hours, and my call is that it keeps going before it cools off.
The price is now $12.51. A jump that size would normally make me suspicious, but over $1.26 billion worth of KORU changed hands in the same day. That is a huge amount of money for one coin to attract. When a coin climbs on that kind of activity, a lot of different people are taking part, not just one lucky buyer pushing it around.
Here is why I lean up rather than down. Big moves that roll over fast usually come with very little trading behind them, so the price falls back the moment the excitement fades. Money at this scale tends to keep attention on a coin for a while, which gives the move more time to extend. I'd expect more upward pushes, with a few sharp dips along the way, not a straight line.
I could be wrong, and I can't see what started this. The data here doesn't say, so I won't pretend to know the reason. What I can see is a big price move with a very large amount of trading behind it, and that combination has more fuel left than most.
So what's your read: do you chase a move like this, or wait for the dip? 🟢
$KORU
$KORU is up about 22.65% in the last 24 hours, and my call is that it keeps going before it cools off.
The price is now $12.51. A jump that size would normally make me suspicious, but over $1.26 billion worth of KORU changed hands in the same day. That is a huge amount of money for one coin to attract. When a coin climbs on that kind of activity, a lot of different people are taking part, not just one lucky buyer pushing it around.
Here is why I lean up rather than down. Big moves that roll over fast usually come with very little trading behind them, so the price falls back the moment the excitement fades. Money at this scale tends to keep attention on a coin for a while, which gives the move more time to extend. I'd expect more upward pushes, with a few sharp dips along the way, not a straight line.
I could be wrong, and I can't see what started this. The data here doesn't say, so I won't pretend to know the reason. What I can see is a big price move with a very large amount of trading behind it, and that combination has more fuel left than most.
So what's your read: do you chase a move like this, or wait for the dip? 🟢
$KORU