The cryptocurrency market has been quite interesting these days, with short-term volatility being very apparent. Many tokens are jumping up and down, some with fierce gains, others undergoing adjustments.
Let's first look at the top gainers — BONK surged 33.43% in 24 hours, which is indeed eye-catching; PEPE and PENGU also performed well, rising 14.35% and 15.78% respectively; SHIB, KAS, and ALGO also did well, all with double-digit increases. DOGE, as an established coin, also followed the trend with a small increase of 7.12%.
Of course, there are also declines — MYX dropped 16.20% in 24 hours, the largest decline; LIT had a smaller drop of only 2.89%. XLM also made a mark on the gainers list, rising 6.66%.
From this market situation, it’s clear that risk appetite is indeed changing. Some tokens are driven higher by hype, while others are pulling back. Such high volatility presents both opportunities and challenges for traders.
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MEVSupportGroup
· 01-07 10:29
BONK's 33% surge is really outrageous, feels like another wave of false prosperity...
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Here we go again, chasing after trash coins like PEPE and PENGU?
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MYX dropped 16%? I was just bottom fishing yesterday
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The market is so volatile, who is actually making money...
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DOGE can still rise, the crypto world is really hopeless haha
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With such big fluctuations, I don't know whether to enter or run
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Is this called an opportunity? I think it's more like influencers harvesting
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XLM up 6.66, is that acceptable?
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Short-term gains are hard to believe, let's wait and see who ends up crying
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SHIB and KAS with double-digit increases? Seems extremely risky
View OriginalReply0
BTCBeliefStation
· 01-07 07:01
BONK's recent surge is truly incredible, a 33% rise is on the verge of takeoff
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It's both PEPE and PENGU, meme coins are really blowing strong this time
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MYX dropped 16, so harshly, who bought the dip?
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Every fluctuation is said to be an opportunity and a challenge, that's the market, exciting
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DOGE remains steady and reliable, just riding the trend for the heat
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This market is really unpredictable, feels like everyone is gambling on the next second
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XLM rose 6.66, that number is quite perfect
View OriginalReply0
OnchainDetective
· 01-04 13:55
Bonk, this move is really outrageous. 33 points were lost in just one day. Those who bought at the high must be crying their eyes out.
View OriginalReply0
GateUser-addcaaf7
· 01-04 13:46
These 33 points of BONK are really outrageous. Is it about to take off or just another scam?
The cryptocurrency market has been quite interesting these days, with short-term volatility being very apparent. Many tokens are jumping up and down, some with fierce gains, others undergoing adjustments.
Let's first look at the top gainers — BONK surged 33.43% in 24 hours, which is indeed eye-catching; PEPE and PENGU also performed well, rising 14.35% and 15.78% respectively; SHIB, KAS, and ALGO also did well, all with double-digit increases. DOGE, as an established coin, also followed the trend with a small increase of 7.12%.
Of course, there are also declines — MYX dropped 16.20% in 24 hours, the largest decline; LIT had a smaller drop of only 2.89%. XLM also made a mark on the gainers list, rising 6.66%.
From this market situation, it’s clear that risk appetite is indeed changing. Some tokens are driven higher by hype, while others are pulling back. Such high volatility presents both opportunities and challenges for traders.