🤔 Wait wait... $DEBIT is doing WHAT with $1B+ volume?
Guys... DEBIT passed in front of me many times since its Binance Alpha listing, and every time i just looked at it like another Alpha coin which pumps hard and later gives everything back 😆
At around $1 i thought this thing was already stretched...
Now it is around $3, +50% again, and that stupidly huge volume keeps showing up.
So... let's actually dissect what is happening here 👀
DEBIT listed on Binance Alpha on Aug 26
Since then it has been pulling huge daily turnover again and again... not just one random spike
Even BEFORE the current competition, DEBIT was already doing around $100M-$250M daily volume for many days
Binance Alpha is now showing around $1.07B volume on the pair
Current market cap is only around $51.7M
FDV is around $300M
Chain liquidity is only around $2.49M
Holders around 14K
And now Binance added even more fuel...
There is a DEBIT Alpha Trading Competition running from Sep 10-17.
Top 2,000 users by DEBIT buy volume get 29 DEBIT each.
And the crazy part?
Today volume gets a 1.8x boost for the leaderboard... so people are literally incentivized to keep trading this thing harder.
Current leaderboard minimum is already around $125K effective volume 😵💫
But this is the part people should notice...
The competition did NOT create this whole volume story.
DEBIT was already pulling hundreds of millions in volume BEFORE Sep 10.
So now i am actually interested...
Is this just Alpha farming + low float + traders recycling volume...
or are we watching something much bigger building under DEBIT❓
Because a $50M market cap coin doing billion-level turnover for this long is not something i am ignoring anymore.
I am not over with $LSK hitting $2.5B+ volume , $龙虾 hitting close to $1B in volume too in 24h...
and now this thing again making me confused so much.
TRADE HERE 👇🏻
#AlphaTradingCompetition
#SECReceivesGrayscaleLitecoinTrustETFFiling
📍 DYOR!
Guys... DEBIT passed in front of me many times since its Binance Alpha listing, and every time i just looked at it like another Alpha coin which pumps hard and later gives everything back 😆
At around $1 i thought this thing was already stretched...
Now it is around $3, +50% again, and that stupidly huge volume keeps showing up.
So... let's actually dissect what is happening here 👀
DEBIT listed on Binance Alpha on Aug 26
Since then it has been pulling huge daily turnover again and again... not just one random spike
Even BEFORE the current competition, DEBIT was already doing around $100M-$250M daily volume for many days
Binance Alpha is now showing around $1.07B volume on the pair
Current market cap is only around $51.7M
FDV is around $300M
Chain liquidity is only around $2.49M
Holders around 14K
And now Binance added even more fuel...
There is a DEBIT Alpha Trading Competition running from Sep 10-17.
Top 2,000 users by DEBIT buy volume get 29 DEBIT each.
And the crazy part?
Today volume gets a 1.8x boost for the leaderboard... so people are literally incentivized to keep trading this thing harder.
Current leaderboard minimum is already around $125K effective volume 😵💫
But this is the part people should notice...
The competition did NOT create this whole volume story.
DEBIT was already pulling hundreds of millions in volume BEFORE Sep 10.
So now i am actually interested...
Is this just Alpha farming + low float + traders recycling volume...
or are we watching something much bigger building under DEBIT❓
Because a $50M market cap coin doing billion-level turnover for this long is not something i am ignoring anymore.
I am not over with $LSK hitting $2.5B+ volume , $龙虾 hitting close to $1B in volume too in 24h...
and now this thing again making me confused so much.
TRADE HERE 👇🏻
#AlphaTradingCompetition
#SECReceivesGrayscaleLitecoinTrustETFFiling
📍 DYOR!
