Single day soaring 140%, ENSO has become the craziest 'demon coin' at the moment!
Market capitalization is only 39 million USD, but over 50 million USD has flowed in within 24 hours. Binance's holdings once accounted for 70% of the market cap, indicating that all short-term funds are speculating, and the chips are extremely polarized.
Currently, the market sentiment is extremely excited, everyone is in a FOMO state, and some are even going against the trend to short, causing the rates to be outrageously negative, with the possibility of a 'short squeeze' happening at any time. Although the community is noisy, the core members dropping the ball has made the fundamentals a bit weak, which is purely a game of capital.
This is a game of heartbeat, where the conservative faction collides. Keeping an eye on 2.4 USD, if it stabilizes, it can still look higher; if it falls below 1.8 USD, then quickly stop-loss, don’t get stuck at the peak. If there is no large trading volume when it rises, most likely it’s a fake pump! $ENSO #enso
