Why Is SDEX’s Price Up Today?
SmarDex $SDEX is currently trading at $0.006500, delivering a remarkable 178.41% surge over the past 24 hours and emerging as one of the day’s top-performing altcoins. The sharp price increase is primarily driven by a significant rise in trading activity, with 24-hour volume soaring 1,396.72% to $5.5 million. This kind of volume expansion typically reflects strong buying pressure, increased visibility, and renewed trader interest.
SDEX’s market capitalization has climbed to $60.74 million, closely matching its unlocked market cap of $61.95 million and fully diluted valuation of $65.09 million. With 9.34 billion tokens already in circulation out of a 10 billion maximum supply, most of the supply is available on the market, helping reduce uncertainty around future dilution. This clearer supply structure can attract traders during breakout phases.
Community participation is also expanding, with more than 22,500 holders now recorded. While rapid price gains often bring short-term volatility, SDEX’s rally highlights strong liquidity and momentum-driven demand. If trading volume remains elevated, the token may look to consolidate at higher levels, potentially setting the stage for more sustainable growth as market conditions stabilize.
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