Nearly 26% in a day, while hardly any other coins are pumping similarly — $BR is the hottest name right now.
Bedrock revolves around the story of sending ETH/BTC to earn extra rewards; this topic keeps coming up even though the majority of the market is moving sideways. Price is around $0.14, with a market cap of about $35 million, but compared to the peak of $0.26, it’s still down over 45% — meaning this bounce hasn’t fully recovered previous losses.
→ Only about 25% of the total supply is in circulation, so the price is very sensitive to each bit of news.
→ A strong green session doesn't prove that the project is back on track.
I'm still on the sidelines: this kind of rapid rise can easily lead to a sell-off when early buyers take profits.
#BR #Bedrock #Restaking
Bedrock revolves around the story of sending ETH/BTC to earn extra rewards; this topic keeps coming up even though the majority of the market is moving sideways. Price is around $0.14, with a market cap of about $35 million, but compared to the peak of $0.26, it’s still down over 45% — meaning this bounce hasn’t fully recovered previous losses.
→ Only about 25% of the total supply is in circulation, so the price is very sensitive to each bit of news.
→ A strong green session doesn't prove that the project is back on track.
I'm still on the sidelines: this kind of rapid rise can easily lead to a sell-off when early buyers take profits.
#BR #Bedrock #Restaking