The USOR meme coin has shown extreme fluctuations in the past seven days. The price once increased by more than two times, attracting a large amount of attention in a short time. Discussions on social platforms quickly heated up, and many retail investors were drawn in by high returns.
The background of the rise is related to the international situation. The tension between the United States and Venezuela has become a topic of discussion. Market sentiment has been ignited. USOR, as a meme coin related to the energy concept, has been rapidly speculated. The price has risen again within a week. The daily increase exceeded half.
On-chain data shows that during this period, large amounts of funds were bought. Approximately three hundred seventy thousand dollars worth of USOR was purchased in one go. Some interpret this as smart money entering the market. This statement further stimulated follow-up buying.