$ENSO this volume is a bit scary. With a market cap of $13 million, it’s pulled off $12 million in trades in 24 hours—volume/market cap is close to 100%.
DeFi intention engine, acting as cross-chain trading middleware. Over 100 applications are running on it, with Polychain and Multicoin backing it. Two weeks ago it dropped to an ATL of 0.527, down 86% from an ATH of 4.63, and now it's bounced back to 0.63.
Fear and Greed index at 23 is still in extreme fear, Bitcoin is up 1.8% catching its breath. Funds are heading towards infrastructure projects—same old pattern.
The bad news is that only 21% is in circulation, and there’s a risk of a lock-up dump in Q4. Holding a small position at 0.60, looking for 0.70.
What do you think?
#链上数据 #DeFi基建 #altcoins
DeFi intention engine, acting as cross-chain trading middleware. Over 100 applications are running on it, with Polychain and Multicoin backing it. Two weeks ago it dropped to an ATL of 0.527, down 86% from an ATH of 4.63, and now it's bounced back to 0.63.
Fear and Greed index at 23 is still in extreme fear, Bitcoin is up 1.8% catching its breath. Funds are heading towards infrastructure projects—same old pattern.
The bad news is that only 21% is in circulation, and there’s a risk of a lock-up dump in Q4. Holding a small position at 0.60, looking for 0.70.
What do you think?
#链上数据 #DeFi基建 #altcoins