Top 5 gainers on Binance Spot in the last 24 hours (USDT pairs, as of Oct 8, 00:15 WIB):
1. $SAND +24.37% at $0.0815, about $40M volume
2. $GLMR +13.47% at $0.0121, about $8M volume
3. HEMI +13.33% at $0.0066, about $8M volume
4. LAZIO +10.74% at $0.433, about $7M volume
5. RAY +9.82% at $2.463, about $28M volume
The backdrop makes this list more interesting. The broader market had a rough day: BTC slipped below $84K and roughly $700M in leveraged positions were liquidated. These five went the other way.
But look at the volume column before reading too much into it. SAND and RAY moved on real size, $28M+ each. GLMR, HEMI and LAZIO did it on $7-8M, which doesn't take much money to push. On thin books, a double-digit pump can reverse just as quickly.
A quick checklist before chasing any top gainer:
- Is there news behind the move, or just momentum?
- Is volume rising with price, or fading?
- Where did the move start? Buying after +24% is not the same trade as buying before it.
Which of these do you think holds its gains by the weekend?
Like and follow for a daily look at what's moving on Binance.
#TopGainers #Altcoins
1. $SAND +24.37% at $0.0815, about $40M volume
2. $GLMR +13.47% at $0.0121, about $8M volume
3. HEMI +13.33% at $0.0066, about $8M volume
4. LAZIO +10.74% at $0.433, about $7M volume
5. RAY +9.82% at $2.463, about $28M volume
The backdrop makes this list more interesting. The broader market had a rough day: BTC slipped below $84K and roughly $700M in leveraged positions were liquidated. These five went the other way.
But look at the volume column before reading too much into it. SAND and RAY moved on real size, $28M+ each. GLMR, HEMI and LAZIO did it on $7-8M, which doesn't take much money to push. On thin books, a double-digit pump can reverse just as quickly.
A quick checklist before chasing any top gainer:
- Is there news behind the move, or just momentum?
- Is volume rising with price, or fading?
- Where did the move start? Buying after +24% is not the same trade as buying before it.
Which of these do you think holds its gains by the weekend?
Like and follow for a daily look at what's moving on Binance.
#TopGainers #Altcoins
