🔸️US Alpha Analysis🔸️
$US
USUSDT
Perp
0.01291
-5.97%
The Talus Network currency has decreased by 36.16% in the last 24 hours, despite an increase of 7.89% in the previous week. This sharp decline aligns with market fluctuations after the listing and the prevailing caution in the cryptocurrency market in general.
Key factors:
🔶️Selling pressure after listing: The initial excitement after the listing of the KuCoin and Gate.io tokens on December 11 waned, leading to profit-taking.
🔶️Liquidity decline amplifies volatility: The increase in trading turnover rate (1.71 times) reduced order volumes, raising the likelihood of a drop.
🔶️Activity of claiming free tokens: Claims for free tokens likely led to immediate sell-offs, increasing supply pressure.
$BTX $GIGGLE
GIGGLEUSDT
Perp
67.37
-6.96%
BTX
Alpha
0.012058
-7.89%
