Hey Hive fam!
Alchemix ($ALCX) is absolutely going parabolic on Binance (ALCX/USDT)!
Current price, $7.35
24h change, +66.29% (low $4.31 high $7.40)
24h volume, Huge 778k ALCX ($4.56M USDT) massive inflow!
Chart shows insane breakout above EMAs with crazy volume. ALCX benefits from DeFi self-repaying loans & yield narrative, alt rotation, and trader FOMO in a hot market pure momentum madness.
No confirmed big news today, but speculation + hype are driving it wild.
What do you think?
Is ALCX heading for more in this DeFi frenzy?
Or epic pump & dump incoming?
Holding ALCX or just watching?
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.thoughts below!