TAIKO surges 10-fold this morning then retraces: the 24-hour gain still stands at 423%
Odaily Planet Daily monitoring shows that over the past 24 hours, the TAIKO token surged more than 10 times at one point, hitting a high of 0.47 USDT. Although it has since pulled back to 0.41 USDT, the 24-hour gain remains as high as 423.31%. Current circulating market cap is $32.28 million, while FDV (fully diluted valuation) reaches $162 million.
This explosive rally reflects extremely high market enthusiasm for the TAIKO project, but a pullback after a 10x move is also within expectations. From a technical perspective, 0.41 USDT has become a key support level; if it can hold above this price, further upside may still be possible.
The funding rate suggests the current market sentiment is somewhat bullish, but investors should be wary of the risk of profit-taking. In the short term, TAIKO’s high volatility is evident, so it’s recommended that investors closely track updates from the project team and changes in on-chain data.
$TAIKO daily sell point: $0.47 daily buy point: $0.37
$BTC #BTC $ETH #ETH
Odaily Planet Daily monitoring shows that over the past 24 hours, the TAIKO token surged more than 10 times at one point, hitting a high of 0.47 USDT. Although it has since pulled back to 0.41 USDT, the 24-hour gain remains as high as 423.31%. Current circulating market cap is $32.28 million, while FDV (fully diluted valuation) reaches $162 million.
This explosive rally reflects extremely high market enthusiasm for the TAIKO project, but a pullback after a 10x move is also within expectations. From a technical perspective, 0.41 USDT has become a key support level; if it can hold above this price, further upside may still be possible.
The funding rate suggests the current market sentiment is somewhat bullish, but investors should be wary of the risk of profit-taking. In the short term, TAIKO’s high volatility is evident, so it’s recommended that investors closely track updates from the project team and changes in on-chain data.
$TAIKO daily sell point: $0.47 daily buy point: $0.37
$BTC #BTC $ETH #ETH