The crypto market always has some surprises, both good and not.
The previous days have seen some price actions in the market. Perhaps most of them are expected but there are two of which I found to be surprising, especially in the last 7 days.
#cryptomonday #februaryinleo #outreach
1🧵
RON, the token of the Ronin blockchain saw an upswing from $2.56 at the end of January to $3.49 per Coingecko charts. It was up by 15% but it tumbled down below $3 just when it was announced that Binance is listing it and trading will start at 13:30 UTC. Quite the opposite of what most people would expect to happen.
2🧵
The second movement was by LINK, which saw over 30% rise in the last 7 days and is still in the green zone today. The price action and the significant amount of the token withdrawn from CEX brought out some speculations that institutional investors are accumulating.
That and more in today's post
3🧵
https://inleo.io/@ifarmgirl/surprising-movements-in-the-crypto-market
Link is doing super well for its holders