RIVER's spot trading volume accounts for nearly 50% of a major exchange, and the recent price trend is quite interesting—during the rebound, it did not break below the previous low, but instead continued to push toward new highs. However, caution is advised here, as a similar candlestick pattern appeared before, and it played out the same way last time. Currently, the premium on this exchange is roughly flat. From a fundamental perspective, the FDV is around $2 billion. Projects of this scale are indeed substantial.
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CantAffordPancake
· 7h ago
50% of the trading volume, that's quite a lot of hype. Feels like they're just riding the coattails of RIVER.
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ShitcoinConnoisseur
· 7h ago
Fifty percent of the trading volume can't withstand repeated fluctuations. This time, it feels like we're reenacting the same scene again.
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MetaverseLandlord
· 7h ago
50% of trading volume? This move is pretty aggressive, but the last time it played out like this... you guys remember, right? It might turn out to be a trap again.
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SchroedingerGas
· 7h ago
50% of trading volume sounds pretty impressive, but the last time it played out like this, it also fell into a big pit... 2 billion FDV does have some substance, but the premium being flat is a bit cold.
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WhaleMistaker
· 7h ago
The 50% trading volume seems a bit inflated. It feels quite risky for one exchange to take such a large share.
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ProofOfNothing
· 7h ago
Half of the trading volume is concentrated on one platform? That doesn't seem right; it's vulnerable to being manipulated.
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TokenomicsTrapper
· 7h ago
classic exit pump pattern tbh. seen this exact candle setup before and it didn't end well for the latecomers lmao
RIVER's spot trading volume accounts for nearly 50% of a major exchange, and the recent price trend is quite interesting—during the rebound, it did not break below the previous low, but instead continued to push toward new highs. However, caution is advised here, as a similar candlestick pattern appeared before, and it played out the same way last time. Currently, the premium on this exchange is roughly flat. From a fundamental perspective, the FDV is around $2 billion. Projects of this scale are indeed substantial.