【Market Update】KMD plunges over 20% in one hour, with just around $63 in trading volume: liquidity drought exposes its fragility.
It fell from around $0.008 to around $0.00634 within an hour, with a market cap below $900,000. When volume is absent, even modest selling pressure can send prices tumbling.
The original report says there is no confirmed catalyst for now, with support around $0.006; a break below that level could lead to further pressure.
Wait for volume to confirm before taking a closer look, or avoid it altogether? Share your thoughts in the comments.
$KMD
$BTC $ETH #KMD #小市值 #Liquidity
(Source: Coinfomania)
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