Infinit (IN) surged nearly 10% on Upbit with a 500% spike in trading volume, reaching about 53.49 billion won in 24-hour turnover. This surge placed Infinit at the top of Upbit's investor sentiment rankings with an 'extreme greed' score of 97, signaling strong short-term risk appetite among Korean retail traders. While major cryptocurrencies like Bitcoin and XRP remained mostly stable, Infinit's sharp price and volume increase highlights a momentum-driven move and increased speculative interest in select altcoins. Investors should watch for potential volatility and rotation of capital as this trend develops.
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
NEAR Protocol has broken above the key $2 resistance level, showing stronger momentum than XRP. It is trading above its 50-day, 100-day, and 200-day moving averages, signaling a potential recovery and growing market confidence. The next resistance is...
XRP is currently trading around $1.09 and faces strong resistance between $1.11 and $1.15, preventing significant price gains. The cryptocurrency remains below its key moving averages, indicating ongoing bearish momentum despite some easing in sellin...
NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
