[Weekly Top 10 Coin Trends] Drift and ImmutableX Strong, WalletConnect and Neo Buying Focus

This article is machine translated
Show original

[Period-by-period increase rate]

DRIFT (DRIFT/KRW) ranked first in terms of return, rising 38.25% over the past week. ImmutableX (IMX/KRW) followed with gains of 24.34%, Wormhole (W/KRW) with gains of 20.77%, AWE (AWE/KRW) with gains of 19.45%, and OmniNetwork (OMNI/KRW) with gains of 18.73%. This suggests a selective buying trend focused on newly listed stocks and technology-focused stocks.

Weekly rate of increase

Weekly growth rate / Upbit

[Top 5 Weekly Growth Rates]

1st place Observer (OBSR/BTC) +100.00%

2nd place: Gamebuild (GAME2/BTC) +50.00%

3rd place DRIFT (DRIFT/KRW) +30.68%

4th place Linea (LINEA/BTC) +30.00%

5th place: AWE (AWE/BTC) +27.59%

The stock with the highest weekly gain was Observer (OBSR/BTC), soaring a staggering 100%. Following this, non-mainstream stocks in the BTC market, such as Gamebuild (GAME2/BTC) and Linea (LINEA/BTC), showed strong performance, leading to a concentration of short-term thematic movements.

Daily Buy Transaction Strength Ranking

Daily Buy Trading Strength Ranking / Upbit

[Top 5 Daily Buying Strength]

1st place WalletConnect (WCT/KRW) 500.00%

2nd place NEO (NEO/KRW) 500.00%

3rd place: Taiko (TAIKO/KRW) 500.00%

4th place: Kyber Network (KNC/KRW) 500.00%

5th place: Argo (AERGO/KRW) 500.00%

On this day, several stocks were noted for experiencing a whopping 500% buy-in. Wallet Connect (WCT/KRW), Neo (NEO/KRW), and Taiko (TAIKO/KRW) showed unusually high levels of buy-in, demonstrating a strong buying trend. This is likely due to short-term supply and demand concentration and expectations surrounding specific themes.

Daily Sell Transaction Strength Ranking

Daily Selling Strength Ranking / Upbit

[Top 5 Daily Selling Strength]

1st place Steam (STEEM/KRW) 0.00%

2nd place Groestlcoin (GRS/KRW) 0.00%

3rd place Ontology (ONT/KRW) 0.00%

4th place Civic (CVC/KRW) 0.00%

5th place: Anchor (ANKR/KRW) 0.00%

On the other hand, STEEM (STEEM), Groestlcoin (GRS), and Ontology (ONT) all showed a trading strength of 0.00%, indicating a de facto absolute daily selling advantage. This pattern is interpreted as a technical decline or investor-led sell-off.

Recently, the market has been reacting most strongly to short-term issues and new stocks, and the BTC market-centric market has also become somewhat fragmented. Investors need a flexible approach that considers individual themes and supply/demand imbalances.

Get real-time news... Go to TokenPost Telegram

Copyright ยฉ TokenPost. Unauthorized reproduction and redistribution prohibited.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments