Kaiko Identifies Eight Tokens with $8 Billion in Net Trading Volume Since November 2023 Bull Run, Including Bittensor and Celestia

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Cointime2024/02/22 13:06

By:Cointime

Several tokens have performed well in the recent mini-bull rally, driving the crypto market towards a new all-time high. Eight crypto tokens, including Bittensor, Dymension, Pyth Network, Sui, Aptos, Jupiter, Sei, and Celestia, have seen $8 billion in net trading volume since the bull run started in November 2023. Celestia (TIA) has experienced an 11% price correction in the last 24 hours, but has seen a 750% rally since its debut on October 31, with an all-time high of $20.91 on February 10. TIA's market cap currently stands at $2.89 billion.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14