Wormhole (W) token surged more than 16% on October 8, reaching a high of $0.0184 amid positive net buying flows totaling nearly $800,000 over two days. Despite this strong rally, technical indicators like the Relative Strength Index (RSI) above 75 suggest the token is overbought, signaling potential caution for investors. Wormhole is a blockchain interoperability platform with a capped supply of 10 billion tokens, recently adjusting its token release schedule to biweekly. The price movement reflects broader altcoin gains even as the overall crypto market declined.
Wormhole (W) is trading at Rp292 on Pluang as of Oct 08, 2026 19:17 WIB, showing a 16.32% increase in the last day. The token's market cap stands at Rp1.88 trillion with a 24-hour trading volume of Rp2.68 trillion. Despite the recent surge, Pluang order activity shows more selling interest at 59% compared to 41% buying, with typical holders keeping their positions for about 57 days.
Wormhole's price jumped 27% in 24 hours, driven by strong buying demand despite technical indicators signaling overbought conditions. The RSI hit 78, above the 70 threshold, and the price traded above the upper Bollinger Band, suggesting the rally ma...
On October 8, several altcoins showed strong gains even as Bitcoin and the broader cryptocurrency market declined. Meteora (MET) led the rally with a 60% increase, reaching $0.50. Other notable performers included Wormhole (W) up 17.8%, Algorand (ALG...
