$XNY This sudden surge is primarily due to short-term funds rapidly entering the market, creating a lifting effect. Previously, XNY had been consolidating at a low level for a long time, and the chips were fully collected. Once there was a funding trigger, the price could be quickly pushed higher.
At the same time, a breakout signal appeared on the technical front, with the K-line breaking through previous highs with increased volume, fully igniting bullish sentiment and attracting follow-up buying.
Additionally, the current market hotspots have shifted to small-cap coins, and assets like XNY, which have a smaller size and can be easily influenced by funds, are most likely to experience a "rapid surge" market.
Furthermore, community news and sentiment have warmed up, with a large influx of FOMO follow-up buyers accelerating this rapid rise.
Overall, this surge is more about the main force igniting short-term funds combined with emotional hype, resulting in a quick lifting market.
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