BULLA skyrocketed 51% after launching Alpha, a cold reflection behind the market enthusiasm

According to the latest news, BULLA has increased by 51.10% since launching Alpha, with a current price of 0.07328 USDT. This new coin’s strong short-term performance has attracted considerable attention, but behind the hot market, there are some signals worth cautioning.

Data Support Behind the Short-Term Strength

BULLA’s gains are far more than just the recent 51%. According to market data, this project has performed quite impressively since its launch on June 9, 2025.

Time Period Increase
1 hour 1.89%
24 hours 47.67%
7 days 124.06%
30 days 130.78%

This growth curve indicates that BULLA is not an overnight sensation but has been steadily gaining market attention. Its market cap has reached 19.84 million USD, with a 24-hour trading volume of 6.22 million USD. The circulating supply is 280 million tokens, total supply is 1 billion tokens, and the circulation ratio is 28%.

True Reflection of Market Hotness

What lies behind the high increase? From trading data, the enthusiasm is indeed present. The 24-hour trading volume has increased by 497.36% compared to the previous day, indicating a significant rise in buying interest. Community sentiment feedback shows about 80% positive emotions, and open interest has also surged.

These indicators usually suggest:

  • Active new capital inflow
  • Increased market recognition of the project
  • Potential continued pursuit in the short term

Technical Warning Signs

However, a close look at technical indicators reveals some issues worth noting. According to the latest data, BULLA has frequently shown RSI overbought conditions over various timeframes.

More concerning is the volume-price divergence. While the price continues to rise, trading volume is decreasing, which is often a sign of weakening upward momentum. Market observers point out that rapid price surges with shrinking volume are usually not very stable and may lead to a correction.

Diverging Market Opinions

Interestingly, there are clear disagreements in the market regarding BULLA’s future trend:

  • Bulls believe that there is still room for the current rally, with small-position contracts aiming for around 0.07 USD
  • Bears warn that the price has peaked, with the 1-hour chart showing continuous decline and the daily chart indicating a clear downtrend, suggesting to short immediately
  • Cautious traders prefer to wait and see for clearer consolidation or volume signals

This divergence reflects the market’s uncertainty about the coin’s trajectory.

What to Watch for Next

If BULLA is to continue its upward trend, the key is whether it can maintain trading volume at high levels rather than just relying on shrinking volume to push higher. Many new coins have experienced rapid rises that ultimately reversed due to insufficient volume.

Additionally, changes in funding rates are worth monitoring. Positive rates indicate longs are paying shorts, which can make chasing longs at this stage risky. Negative rates may suggest the market has not fully released its emotions yet.

Summary

BULLA’s strong performance is supported by data, and market enthusiasm is real. However, this does not guarantee that the subsequent trend will continue upward. A 51% increase is already quite significant, and overbought technical signals along with volume-price divergence are risk signs that need serious attention. For such new coins, the safest approach is to wait for clearer signals rather than chasing the high. The market is never short of opportunities; what’s lacking is the right timing and price to enter.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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